EV sales accelerating, nickel to benefit most !Has that ready to pop feel !
I’ve said in the previous section that I think car sales are going to be impacted by the slowdown in the global consumer. So, if that’s the case, how can I remain positive about EV sales? Well, frankly, because EV sales have outperformed ICE sales for much of the last three years and I don’t see that ending. In China and Europe, EV sales had risen to c.20% of new passenger vehicle sales by the end of 2021, and they look set to increase that rate. Only the US is lagging among the key regions.
https://www.batterymaterialsreview.com/ourblogs/why-i-prefer-nickel-over-copper-part-3-near-term-trends/