Nickel
Chinese suppliers may be behind Tesla's $5 billion nickel deal with Indonesia
In late July, two Chinese companies just made announcements that they will supply Tesla with ternary precursors for battery materials.
Soaring Nickel prices become new concern for EV industry
CICC believes that a nickel price increase from $20,000 to $50,000 per ton would increase the cost of an EV with a 60-kWh battery pack by about $1,580.