MINING.COM’s EV Metal Index set a new record in March with a surge in overall deployment more than offsetting a pullback in the price of cobalt and nickel used in the battery supply chain. The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, climbed to $554 million during the month, an increase of 84.
7% over February, and bringing the first quarter total to $1.14 billion. The Q1 2021 haul is 178% up on Q1 2020 and is also higher than total business…EV Metal Index Jumps 85% In One Month
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