DOE: cobalt is the most expensive material used in lithium-ion battery cathodes
Green Car Congress
MARCH 8, 2022
Aside from the lithium needed to produce modern lithium-ion batteries, much attention is focused on the cost of the materials used for EV battery cathode production. Cobalt is an important ingredient in lithium-ion battery cathode production, accounting for about a quarter of the cost of the battery. 202103050.
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