We’ve seen correction of EV sales in some European countries, especially Germany and UK, following the end of incentive packages. Slowdown in Europe might have contributed to correction of nickel prices this year. But, China, the world’s second largest market after USA, is still showing a rapid rate of growth in electric vehicle (EV) adoption after China’s plug-in car sales increased to 704,000 units or 44% market share in April 2024 compared to 35% in the same period of last year.To subscribe please click here
