Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel
Resilinc
NOVEMBER 1, 2023
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. billion in 2022. This, in turn, highlights the pivotal role of lithium in the high-tech industry’s pursuit of sustainable and clean energy solutions.
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