Canada Nickel Company Inc V.CNC

Alternate battery technologies

[divitm]

I'm newly invested in CNC. I know there's been some discussion about different battery technologies already. Saw this article and wondering what people's thoughts are on movement towards nickel/cobalt free batteries. https://driving.ca/auto-news/technology-news/battery-startup-says-it-doubled-the-range-of-its-tesla-based-prototype

[reddog11]

I can't keep up. First we are going to go to zero cobalt, then Elon says on battery day, "hey Canada, give me all the nickel you can". Now nickel free. Lets all work really hard at knocking $500 off a battery for a $50,000 - $100,000 car. ...but what do I know.

[EndZonefor7]

There's no doubt there will be tech advances on batteries but the ones so far that claim super high mileage also will not disclose anything about their tech. Any new battery design will have to jump through multiple trial hoops over several years before any large carmaker will put all their marbles on the table. For the time being nickel is the prime distance producer and heat resistant metal

[caramba71]

Thinking of battery technologies is like thinking of different types of cumbustion engines: diesel, gas, natural gas, low octane, high octane, ....  Nickel will always have a place in the mix of battery technologies and most likely will be the dominant metal in use for a very long time due to the energy density that comes with it. For a deep dive on Nichel's role and various battery

[divitm]

Thanks for the feedback and article link. I wouldn't be shocked if new battery technologies in the auto sector are adopted sooner than later. Tesla already said they are switching all their standard range cars to LFP and I think most EV auto makers follow Tesla's lead. https://www.cnbc.com/amp/2021/10/20/tesla-switching-to-lfp-batteries-in-all-standard-range-cars.html

[evnut1980]

Yes I think about that too.  But a few things keep me bullish on nickel:  1) why would bhp and wyloo be fighting it out over Noront which is 5 years away from shovel in ground 2) many long range semi trucks and big trucks (ie cybertruck) will use nickel for foreseeable future even if smaller cars end up using lfp's/no nickel...  model Y's still use nickel which will be top

[CravingProfits]

10 years ago or more  we had Hydrogen dreams, 20 years ago or more  we had Natural gas, Who owns one of these cars today? Only time will tell. GLTA

[KerStockhouse]

I would bet on electric vehicles outpacing gasoline ion the next 5 years. They have been very successful to date, hell they are running Hybrids in F1. The big three are retooling with the goverments backing,

[divitm]

Maybe not in the next 5 years but I would agree eventually that will be the case. The question for me today is what battery technology to bet on. Here's another article I found from about a year and a half ago that predicts LFP will be the winner. https://www.mining.com/lfp-batteries-to-overtake-nmc-batteries-by-2030-report/