Cost and safety are the two major hurdles facing the use of NCM811 batteries - which include nickel, cobalt and manganese in a ratio of 8:1:1 - in electric vehicles. This is despite the application of China's 2018 EV subsidy policy, which raised the usability threshold at which EVs would receive subsidies by requiring a longer driving range and a higher energy density and, in turn, encouraged the adoption of nickel-rich batteries for EV applications in the country.
展开▼
