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EV battery supply chain firms seek diversification as Biden order shines more light on China reliance

Elon Musk says nickel is biggest concern for electric-car batteries

Nickel is our biggest concern’: Elon Musk on Tesla now producing cars with iron batteries A file photo of Tesla CEO Elon Musk. (REUTERS)Premium The metal has rallied 16% this year on the London Metal Exchange Share Via Read Full Story Tesla is planning to shift some of its cars to a type of battery that uses iron instead of nickel, the company s chief executive officer Elon Musk said on Thursday. Nickel is our biggest concern for scaling lithium-ion cell production. That’s why we are shifting standard range cars to an iron cathode. Plenty of iron (and lithium)! Musk wrote on Twitter.

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