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Volkswagen to start using high-nickel batteries for electric car

Volkswagen to start using high-nickel batteries for electric car

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Volkswagen’s current electric car battery cell contains 65 per cent nickel, 15 per cent cobalt and 20 per cent manganese

FRANKFURT: Volkswagen will raise the amount of nickel used in it electric car battery cells to 80 per cent in the next year from 65 per cent at present, Frank Blome, head of battery cells at the carmaker said on Tuesday.

Volkswagen’s current electric car battery cell contains 65 per cent nickel, 15 per cent cobalt and 20 per cent manganese. Next generation batteries will have 80 per cent nickel, 10 per cent cobalt and 10 per cent manganese, Blome told analysts on a call.

Volkswagen is embarking on a mass production push to build 3 million electric cars by 2025, requiring 300 gigawatt hours worth of battery cells, mainly in Asia and Europe, he said.

Ramping up manufacturing battery packs at scale will help the carmaker to cut battery cell costs far below $100 per kilowatt hour by 2025, he said.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

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