EV market still offers hope to PGM producers
The boom in minor platinum group metals may be over, but supply chain challenges could give the sector time to respond
28 April 2023 - 08:00
The battery on Henk de Hoop’s hybrid battery electric vehicle (EV) barely gets beyond the city limits before it needs a recharge. Its paltry 11 miles of life is the kind of performance that gives the EV mobility drive train a bad name.
“It’s pretty useless,” acknowledges De Hoop, CEO of Oxford SFA, a metal industry research house. But technology is changing fast. “The battery challenges that everyone sees are slowly disappearing — and not even slowly.”..
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