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. The decreasing cost of lithium, which dropped by 35% from $66,123 in June 2022 to $42,650 in June 2023, is worth noting, as it underscores the expanding global production capacity.
58 
Let's personalize your content