Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel
Resilinc
NOVEMBER 1, 2023
In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. As the demand for lithium grows, experts anticipate that a worldwide lithium shortage could happen as soon as 2025 as supply struggles to keep up.
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