TOKYO -- Prices for nickel, one of the highest-profile commodities associated with electric vehicles, have fallen close to a four-year low on weaker-than-expected EV demand and China's real estate downturn.
Battery metal in danger of erasing all gains from electric vehicle boom
Workers monitor a nickel smelter in Sorowako, Indonesia. The Southeast Asian country grew nickel production 14% in 2023. © Reuters
TOKYO -- Prices for nickel, one of the highest-profile commodities associated with electric vehicles, have fallen close to a four-year low on weaker-than-expected EV demand and China's real estate downturn.