A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.
Author: Mark Burton
How the Cobalt Market Fell Victim to Allure of Electric Cars
Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.