The total amount of nickel used by electric vehicles in the world is forecast to grow by more than 800 percent from 70,000 metric tones in 2018 to approximately 600,000 metric tones by 2025. This can be mainly attributed to the growing demand for electric vehicles within the next decade, as nickel is an important component in the batteries for electric vehicles.
Volume of nickel used in electric vehicles worldwide in 2018 and 2025
(in 1,000 metric tons)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
FastMarkets. (June 9, 2021). Volume of nickel used in electric vehicles worldwide in 2018 and 2025 (in 1,000 metric tons) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/
FastMarkets. "Volume of nickel used in electric vehicles worldwide in 2018 and 2025 (in 1,000 metric tons)." Chart. June 9, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/
FastMarkets. (2021). Volume of nickel used in electric vehicles worldwide in 2018 and 2025 (in 1,000 metric tons). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/
FastMarkets. "Volume of Nickel Used in Electric Vehicles Worldwide in 2018 and 2025 (in 1,000 Metric Tons)." Statista, Statista Inc., 9 Jun 2021, https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/
FastMarkets, Volume of nickel used in electric vehicles worldwide in 2018 and 2025 (in 1,000 metric tons) Statista, https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/ (last visited August 25, 2024)
Volume of nickel used in electric vehicles worldwide in 2018 and 2025 (in 1,000 metric tons) [Graph], FastMarkets, June 9, 2021. [Online]. Available: https://www.statista.com/statistics/1258855/volume-of-nickel-used-in-electric-vehicles-worldwide/