The (Potential) Value of Labeling in the Lithium Ion Battery Supply Chain
The UCLA Anderson Global Supply Chain Blog
MARCH 13, 2019
Correspondingly, demand for lithium-ion batteries has also increased and is expected to continue increasing – the lithium-ion battery market is thought to have a CAGR of 14%, with the transport sector accounting for 60% of the market by 2025. [1] Cobalt, a critical component in lithium ion batteries, has had prices triple since 2016. [3]
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