More than three-quarters of palladium ends up in hybrid vehicles and in the catalytic converters used in autos to reduce emissions.
Today, many governments, especially China’s, are tightening regulations to crack down on pollution from vehicles, forcing automakers to increase the amount of the metal they use.
However, supply cannot respond to growing demand, resulting in a global shortage and helping palladium prices to hit successive records.
China, the biggest auto market, announced that all cars manufactured from 2020 will be required to contain around 30 per cent more palladium.
Slowing auto sales in China could threaten the outlook for palladium demand. The threat of EVs could further hurt the demand for palladium and platinum.
Gas & diesel Cars
Used in Catalytic converters - (which doesn't exist in EVs )
(used to remove noxious gases from vehicle exhausts).
Platinum
Palladium
Electric vehicles ( EV )
Lithium
Cobalt
Nickel
The scarcity of Palladium & platinum and its associated metals
poses a significant hurdle for global automakers investing heavily in hydrogen fuel-cell technologies and the adoption of FCEV'S.
Fuel Cell Electric vehicles (Metals required as catalysts for the conversion of reactive gases into electric power.)
Palladium
or
Platinum + ruthenium
or
Palladium + SIlver
Alternative to Palladium CFDs:
ETF: PALL
Stock: NLSY (OTC)
Today, many governments, especially China’s, are tightening regulations to crack down on pollution from vehicles, forcing automakers to increase the amount of the metal they use.
However, supply cannot respond to growing demand, resulting in a global shortage and helping palladium prices to hit successive records.
China, the biggest auto market, announced that all cars manufactured from 2020 will be required to contain around 30 per cent more palladium.
Slowing auto sales in China could threaten the outlook for palladium demand. The threat of EVs could further hurt the demand for palladium and platinum.
Gas & diesel Cars
Used in Catalytic converters - (which doesn't exist in EVs )
(used to remove noxious gases from vehicle exhausts).
Platinum
Palladium
Electric vehicles ( EV )
Lithium
Cobalt
Nickel
The scarcity of Palladium & platinum and its associated metals
poses a significant hurdle for global automakers investing heavily in hydrogen fuel-cell technologies and the adoption of FCEV'S.
Fuel Cell Electric vehicles (Metals required as catalysts for the conversion of reactive gases into electric power.)
Palladium
or
Platinum + ruthenium
or
Palladium + SIlver
Alternative to Palladium CFDs:
ETF: PALL
Stock: NLSY (OTC)