Record lithium prices threaten to make EV costs soar

January 13, 2022

The price of lithium, a crucial raw material for rechargeable batteries, is going through the roof, threatening to make electric cars more expensive /Lithium Chile

The price of lithium, which is an essential component for electric car batteries, has reached a new peak. As the global economy seeks alternatives to fossil fuels to slow down climate change, lithium demand — and prices — are soaring. The tight supply will further increase the cost pressure on electric car manufacturers after a

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