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EV Metal Index jumps 85% in a month despite nickel, cobalt price drop

EV Metal Index jumps 85% in a month despite nickel, cobalt price drop Cheap and cheerful Wuling Hong Guang Mini EV Macaron. Image: General Motors MINING.COM’s EV Metal Index set a new record in March with a surge in overall deployment more than offsetting a pullback in the price of cobalt and nickel used in the battery supply chain.  The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, climbed to $554 million during the month, an increase of 84.7% over February, and bringing the first quarter total to $1.14 billion. 

How Biden s electric vehicle push can help Tennessee s auto industry

Biden climate push positions Tennessee for electric car boom, but hurdles must be worked out President Biden s $200 billion EV initiative aims to spur a green car boom. But first, rare minerals must be found and mined, electric power plants and battery producers vastly scaled up, recharging networks built. Memphis Commercial Appeal The White House’s new American Jobs Plan proposes spending more than $200 billion in support of electric vehicles powered entirely by batteries recharged from the nation’s electric grid. But the green car ambitions face a stubborn fact the country isn’t ready yet. Before a big electric fleet can run on the roads, rare earth minerals must be found and mined and electric power plants and battery producers vastly scaled up. Analysts say the nation presently lacks the raw minerals, the electric power capacity or the battery production to put millions of electric autos on the road.

EV Metal Index Jumps 85% In One Month

4 hours Biden Promises $20 Billion In Cybersecurity Funding 5 hours Iran To Bypass Key Oil Chokepoint By Exporting From Jask Terminal 6 hours Russia’s Gazprom Sees Global Gas Demand Growing Despite Green Push 24 hours Crude Oil Inventories See Smaller Than Expected Build 1 day Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans 1 day EPA Orders Shutdown Of Caribbean Refinery 1 day CATL Beats LG And Panasonic To Become Leading Battery Maker 1 day Big Oil Scores Win In Supreme Court 2 days Natural Gas Prices Jump On Warmer Weather 2 days U.S. Residential Energy Use Fell In 2020 Despite Lockdown 2 days Australia’s Refiners Receive Government Aid To Boost Fuel Security

18May2021 Midday Update: Oil Plunges After US-Iran Nuclear Deal Headlines, WTI Crude Slips To 64 61, DOW At 12:30 ET -95, Nasdaq Up 0 5%, Bitcoin Falling 42800, Dogecoin Also Falters 0 48

18May2021 Midday Update: Oil Plunges After US-Iran Nuclear Deal Headlines, WTI Crude Slips To 64 61, DOW At 12:30 ET -95, Nasdaq Up 0 5%, Bitcoin Falling 42800, Dogecoin Also Falters 0 48
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

DGAP-News: MMG Market Medium GmbH & Co KG: Megawatt beschleunigt Erschließung von erstklassigen Selteneerdmetall-Projekten in Australien

DGAP-News: MMG Market Medium GmbH & Co KG: Megawatt beschleunigt Erschließung von erstklassigen Selteneerdmetall-Projekten in Australien
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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