Lithium Prices Soar As Tesla, Apple And Google Fight For Supply ...Middle East

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Lithium Prices Soar As Tesla, Apple And Google Fight For Supply
source : OILPRICE ( Middle East ) () 19
The electric vehicle (EV) revolution is gaining serious momentum. According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026. The extraordinary demand that is forecast for EVs over the next five years has now begun to trigger a massive disruption in the global energy markets. As demand for EVs continues to move higher, the demand for lithium – the critical component needed for the batteries that power all those EVs – is also projected to climb higher. According…

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