"Prompted by reducing its exposure to volatile cobalt and lithium supplies, CATL’s NCM 811 battery, containing 80% nickel, 10% cobalt, and 10% manganese, claims to offer a longer lifespan and allows higher range on a single charge, a key requirement for EVs. We can expect the trend towards higher nickel content and securing the mineral supply to continue. Apparently, battery and automakers are petrified about supply." – Vinay Piparsania