California, a pioneer in electricity, New Caledonian nickel contributes to batteries

Nearly 20% of new cars sold in California in 2022 will be electric or hybrid, the US state announced on Friday. The country’s leading automotive market aims to be at the forefront of the energy transition.

In August, the state regulator announced the ban, from 2035, on the sale of new diesel or gasoline cars.

“California continues to lead the zero-emission vehicle revolution with forward-thinking policies and investments that drive innovation“said Democratic Gov. Gavin Newsom.

On Friday, the California Energy Commission said 18.8% of new cars sold in 2022 were electric, plug-in hybrid or fuel cell. It was 2% ten years ago.

Metallic strip of nickel used in the composition of electric batteries

The Tesla brand, led by Elon Musk, alone benefits from two-thirds of these sales. The American energy transition automotive giant has notably signed a battery quality nickel delivery agreement with the Prony Resources industrial complex in New Caledonia.

General Motors should also soon use nickel processed in Australia, from Caledonian ore.


Battery grade intermediate nickel hydroxide (MHP-NHC) produced by Usine du Sud (Prony Resources) in New Caledonia

California accounts for 40% of the sale of electric vehicles in the United States, whose market share is growing rapidly. The biggest American manufacturers are now present there, including with models adapted to the local market, such as electric pick-ups.

Electric vehicles remain more expensive than those with combustion engines. They receive federal aid, the amount of which can reach $7,500.

LME-Nickel provisional price over 5 days following closing: 28,585 dollars/tonne +6.68%

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