Due to the
development of new energy automobiles and nickel sulfate batteries, the nickel
markets became strong gradually.
The improvement of nickel price had great potential among all the metal
products in the future. The demands of nickel for battery soared from 2019 to
2020, and the prime period of new energy vehicles development would be at 2020
to 2050. The demands of new energy automobiles were expected to increase if the
battery costs dropped rapidly in the future.
It was a sure trend that the development of nickel in batteries accounted for a
large proportion because the more nickel percentage it contained, the more
mileage of new energy vehicles was raised effectively.
According to Bloomberg New Energy Finance, new energy automobiles would account
for 54% in global car sales in 2040. As a consequently, electronic power might
turn into the primary fuel-type for automobile in the future.
Source:
Yieh