Tesla

In a recent Q&A hosted by BMI Research regarding cobalt the issue of lowering batteries costs will be key to expanding their role as a power source.

The price of battery metal cobalt has escalated significantly in the last few years – driven largely by the demand for more metal to feed the growing electric vehicle market. This may be short-lived however after Tesla’s Elon Musk stated his intention to move away from using cobalt all together, writes Laura Cornish.