Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel
Resilinc
NOVEMBER 1, 2023
In contrast, the United States has made a significant breakthrough with the discovery of a massive lithium deposit along the Nevada-Oregon border. 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.
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