BMO raises Ni demand forecasts BMO raising #nickel demand projections: We forecast EV battery demand for Ni to reach 413kt by 2025. From 2021 to 2025 EV battery demand should amount to a total of 1.4Mt, 247kt more than prev. estimates. EV battery demand will reach 1Mtpa in 2030, ~40% of current Ni market size https://t.co/fMVqQld5H5