Automotive
Electric Vehicle
Battery chemistry, rare-earth magnets, and the materials geopolitics of EVs.
⚠ Nickel cathodes & neodymium magnets
Key chokepoints
- Lithium-ion battery packEnergy storage
Cell chemistry and cathode materials are geographically concentrated; IRA rules reshape sourcing.
Related tickers: ALB, SQM
- Nickel-rich cathode active materialBattery materials
Indonesia and China dominate nickel processing; cathode powder capacity is oligopolistic.
- Neodymium permanent magnetsRare earths
China controls ~60% of rare-earth mining and ~90% of magnet refining capacity.
Related tickers: MP