ENERGY MINERALS

NMC chemistries to dominate battery market

While lithium-ion batteries are expected to dominate the electric vehicle (EV) market, their cathode chemistries would dictate which energy metals benefitted most from the emergent market, new research by Fitch Group-unit Fitch Solutions Macro Research shows.

Henry Lazenby in Vancouver
A cutaway revealing the lithium-ion battery pack of a Nissan Leaf

A cutaway revealing the lithium-ion battery pack of a Nissan Leaf

Among the different chemistries currently used in batteries by EV manufacturers, lithium-nickel-manganese-cobalt oxide (NMC) is the most prevalent and seems set to see the fastest growth in new EV sales...

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