BYD, a Chinese electric vehicle maker, is looking to leverage its Blade Battery as a way to reduce the quantity of minerals needed during the manufacture of batteries for EVs. Its battery technology is specifically designed to reduce the amount of nickel and cobalt required in vehicle electrification, and in this way, boost sustainability efforts as the world transitions to greener forms of transport.
For now, the demand for these minerals is high and is growing. Exploration firms like Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) looking to uncover viable deposits of cobalt and other battery metals are assured of a market in industries serving the energy transition movement beyond just…
NOTE TO INVESTORS: The latest news and updates relating to Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) are available in the company’s newsroom at https://ibn.fm/ATBHF
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