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Electric vehicles to boost nickel demand

from The Sudbury Star

One of the world's biggest mining investors is going to be thinking a lot more about electric vehicles over the next decade. "The biggest theme over the next 10 or 15 years of investing is going to be getting right the transition away from the combustion vehicle towards EVs," Evy Hambro, who manages BlackRock's World Mining Fund, said in a Bloomberg TV interview. Battery-powered cars and gasoline hybrids are poised to grow so fast, that by 2040 they'll make up more than half of all vehicles sold globally, according to Bloomberg New Energy Finance. more

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