To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.comMike discusses the demand for electric vehicles and what the implications are for the battery metals. EV adoption is being driven by emission standards, battery capacity, and the cost of vehicle production. Battery capacity is increasing while the price has been rapidly declining, therefore, cost parity with ICE vehicles is nearing.EV vehicles today represent just 3% of all private cars but already use more battery capacity annually than all the phones, tablets, and laptops. Mike's thesis is that a lot more nickel will be needed than what is available in the mining pipeline and that mining growth will take substantially higher prices and considerable time.Time Stamp References:1:00 - Unprecedented demand for battery metals coming.2:00 - Government emission standards.3:20 - Battery prices decreasing cost parity with ICE.5:00 - EV will cost less than regular vehicles soon.6:45 - EV are cheaper to build and assemble.9:20 - Adoption curve accelerating.11:50 - Coming demand for battery metals.13:00 - Lithium demand.14:50 - Cobalt demand.16:00 - Structural deficit for nickel.18:00 - Looming shortage of nickel coming.20:00 - Copper demand picture.22:00 - Position in the nickel space.