Post by
CrazyProphet on Jan 20, 2023 6:11am
Much more nickel needed
Fourth, the consumer and manufacturing incentives in the IRA point to the US doubling down on the nickel-based battery chemistries that are already mainstream there. LFP batteries (lithium iron phosphate) are in the ascendancy in China. These, though, rely heavily on key components controlled by China and are likely to be marginalised in the US. Same in the Euro zone this will be a race to keep up with US incentives and a fuc. China going forward !