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US act to accelerate shift from cobalt in batteries - BofA

The US Inflation Reduction Act (IRA) is likely to accelerate a shift away from cobalt for use in electric vehicle (EV) batteries, analysts at BofA Securities said.

US act to accelerate shift from cobalt in batteries - BofA US act to accelerate shift from cobalt in batteries - BofA US act to accelerate shift from cobalt in batteries - BofA US act to accelerate shift from cobalt in batteries - BofA US act to accelerate shift from cobalt in batteries - BofA

Cobalt seen dented by US rules