Lithium Prices To Bounce After 2022



Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in the market caused by curtailed production and halted expansions start to emerge.

Car sales, EVs included, have plummeted this year as global economic growth projections have already been derailed amid the coronavirus pandemic and its effects on global markets.

In Western Europe alone, where EVs sales were supposed to soar this year, the acquisition of new cars fell by 90% in April.

( Image by https://pixabay.com/users/alexandra_koch-621802/ )