Cobalt price, nickel usage limit damage to EV Metal Index

MINING.COM | 2020 was supposed to be the breakout year for electric vehicles around the globe. After a serious dent mid-2019 when Beijing cut subsidies, the Chinese EV market, the world’s largest by a country mile, was expected to return to steady growth. 

Volkswagen’s affordable ICE killer, the ID3, was forecast to propel Europe into becoming an EV mass market (software problems notwithstanding).

And in the US, Tesla’s Model Y compact SUV was set to convince a new cohort of Americans of the benefits of going electric. 


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