Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel
Resilinc
NOVEMBER 1, 2023
To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production. 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.
Let's personalize your content