The HYBRID EV WARS Favor NICKEL, MANGANESE and COBALT- with the EV MARKET going the TOYOTA WAY of HYBRIDS OUTCLASSING the PURE EV vehicles, the EV BATTERY market will SWING to NICKEL- DOMINATED battery packs
- in this scenario, the 8-1-1 metal mix by WEIGHT IS WINNING OUT
- 80% NICKEL
- 10% MANGANESE
- 10% COBALT
- the hybrids GAINING POPULARITY is PUTTING PRESSURE on the MOSTLY COBALT-FREE LITHIUM-IRON-PHOSPHATE (LFP) batteries used in MASS-MARKET EV automobiles and SUVs
- of course, EV segment market trends and battery technology could change in the future
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