13 2025

Nickel and Cobalt: Partners in EV Battery Innovation

The rapid advancement of electric vehicles (EVs) has been significantly driven by innovations in battery technology. Central to these developments are two critical metals: nickel and cobalt. Their unique properties make them indispensable in enhancing the performance, efficiency, and longevity of EV batteries.

The Role of Nickel in EV Batteries

Nickel is a fundamental component in the cathodes of many lithium-ion batteries, particularly in chemistries such as nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminum (NCA). Its inclusion provides several key advantages:

The Role of Cobalt in EV Batteries

Although used in smaller quantities compared to nickel, cobalt plays a vital role in stabilizing the battery and ensuring safety:

Challenges and Considerations

Despite their benefits, the use of nickel and cobalt in EV batteries presents certain challenges:

Innovations and Alternatives

While lithium iron phosphate (LFP) batteries have gained widespread adoption—especially in stationary energy storage and certain EV models—there remains room for optimization in moving applications, such as high-performance EVs:

Conclusion

Nickel and cobalt have been instrumental in the evolution of EV battery technology, offering benefits that make electric vehicles more viable and appealing to consumers. While LFP batteries play a significant role, nickel-rich batteries remain crucial for optimizing the performance of EVs. As the industry progresses, balancing performance improvements with ethical sourcing and environmental stewardship will be key. Ongoing research and innovation continue to shape the future of sustainable and efficient EV battery solutions.


References:

  1. Nickel Institute. "Nickel in batteries." https://nickelinstitute.org/en/nickel-applications/nickel-in-batteries/
  2. Cobalt Institute. "Batteries & Electric Vehicles." https://www.cobaltinstitute.org/essential-cobalt-2/powering-the-green-economy/batteries-electric-vehicle/
  3. MIT News. "Cobalt-free batteries could power cars of the future." https://news.mit.edu/2024/cobalt-free-batteries-could-power-future-cars-0118
  4. Reuters. "Explainer: Costs of nickel and cobalt used in electric vehicle batteries." https://www.reuters.com/business/autos-transportation/costs-nickel-cobalt-used-electric-vehicle-batteries-2022-02-03/
  5. Sprott ETFs. "Nickel: A Battery Metal Powering the EV Revolution." https://sprottetfs.com/insights/educational-video-nickel-a-battery-metal-powering-the-ev-revolution/
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