Nickel prices soared past 100,000 a tonne last weekDollaris dubbed “demon nickel” by the outside world, but since electric vehicle batteries contain a large amount of nickel metal, this incident also wakes up the alarm for the depot. In the future, other battery materials will inevitably be introduced. Effectively reduce the dependence on rare metals such as cobalt and nickel.
The industry said that the surge in nickel prices is an “irrational” transaction. If it returns to the market supply and demand, how many car manufacturers will be willing to pay for such a price, and how confident are the car manufacturers to pass it on to end consumers. After the (LME) suspension of nickel trading, customers have been on the sidelines, and it is estimated that the goods will be delivered at least a week later.
Foreign investment has estimated that even if the nickel price is 80,000 per tonDollarIt is estimated that the input cost of each electric vehicle will increase by 1000 DollarInvisibly, it brings huge cost pressure to car manufacturers. Not only do car manufacturers need to absorb some of the costs themselves, but they may also increase the terminal price, which is not conducive to the development of the overall electric vehicle industry.
Due to the unprecedented trend of nickel prices, the industry also expects that other carmakers will follow Tesla (TSLA-US), switching to lithium iron phosphate for affordable cars, in addition to being more affordable, a major feature is that it does not contain precious metal elements such as cobalt and nickel, and it also has the ability to operate under high temperature and high heat, effectively reducing the need for precious metal elements. rely.
In addition, the industry believes that following the “demon nickel” incident, car manufacturers will re-examine the origin of upstream battery materials and make adjustments to ensure stable supply in the future, and also accelerate the differentiation of car models.
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