OTCPK:KATFF - Post by User
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Sogosohubidu201on Mar 21, 2019 11:58am
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Chinese electric vehicle makers are gorging on nickel
Chinese electric vehicle makers are gorging on nickelhttps://www.mining.com/chinese-electric-vehicle-makers-gorging-nickel/
"First generation NCM batteries contained around a third cobalt with a chemical composition of 111 – 1 part nickel, 1 part cobalt and 1 part manganese, but NCM batteries with higher nickel content (622 and 523 chemistries) have become standard in China."
"Even more remarkable, from January 2018 through January 2019, the sales-weighted average passenger EV battery capacity in China increased by a staggering 95%, from 14.9 kWh to 29.1 kWh, meaning that the average EV registered in China in January 2019 contained nearly double the mass of battery metals/materials as the year prior."