Electric vehicles (EV) will soon get a boost in power and energy due to a relatively new cathode material known colloquially as NMC for its nickel-manganese-cobalt oxide chemistry. Battery experts predict NMC will, in the immediate future, replace the currently commercially used cobalt oxides and nickel-cobalt-aluminum oxides in EV and many other electronic applications. While the consensus is that NMC will play a critical role in the growing rechargeable battery cathode market, there is an intense disagreement in both the business and scientific community as to exactly what NMC is and who owns it.
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