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03 Mar
12:33

Germany’s 2030 EV target at risk due to Russian war: GlobalData

Germany’s target to have 15 million electric vehicles on its roads by 2030 is at risk due to the Ukraine-Russia “crisis,” GlobalData said on Thursday. The assumption is based on supply chain disruptions due to the conflict, driving costs of battery raw materials up and hurting production levels, Kallanish notes. Mohit Prasad, Practice Head of Power at GlobalData, says nickel, a main component in EV batteries, has had its highest price increase i…
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