Article posted by IG markets Cobalt has become one of the most popular metals among investors. Its price is increasing due to the demand for electric cars. But what are the long-term fundamentals and which cobalt stocks to watch out for? The price and popularity of cobalt (also: cobalt), a rare, hard metal element, rose in the [...]
The battery cell manufacturer SVOLT Energy Technology, which emerged from the Chinese car maker Great Wall, has presented its cobalt-free lithium-ion battery cell (NMx) and the four-element lithium-ion battery cell (NCMA) for the first time. According to the company, the cobalt-free NMx cell from the aspiring battery manufacturer is in no way inferior to the performance of an NCM-811 cell. At the same time, the material costs should be reduced by 5 to 15 percent and the unit costs of the cells by up to [...]