BYD Cooperates With U.S. Hybrid To Develop Hydrogen Fuel Cell Vehicles
- May 08, 2018 -

BYD cooperates with U.S. hybrid to develop hydrogen fuel cell vehicles

According to foreign media reports, Moody's Investors Service wrote in a note to customers that there are shortages of metals such as cobalt, copper, lithium, nickel, etc., or it will slow down the production of electric vehicle battery. .


With the increase in the production of Tesla and other automakers, the demand for vehicle-mounted battery metal has also increased. In addition, with the transformation of the electric vehicle industry, many companies are committed to building a network of electric vehicle charging stations with the aim of increasing the penetration rate of electric vehicles and further increasing the above-mentioned demand for battery metals. However, due to the limited supply of metals such as copper and nickel, the production of electric vehicles may slow down.


At present, the supply gap for refined copper-nickel metals will widen, and supply demand for cobalt will be expected to appear next year. If the output of electric vehicles is lower than expected, after 2019, lithium metal will be oversupply.


Mining is currently required to invest in new mines to meet rising demand, but the current funding for mining is relatively small, because the industry is still paying for mergers and acquisitions caused by the miscalculation of the situation four years ago. Major mining companies are committed to achieving revenue. Branch balance.


In most cases, the cobalt metal is a copper or nickel companion, and the increase in production will depend to a large extent on the exploitation of copper and nickel new mines.


The rise in metal prices will benefit miners, but it will cause market price volatility. Batteries are the most expensive component of electric vehicles, and rising battery metal prices are forcing the automotive industry to explore new alternative battery materials