CXO 3.45% 14.0¢ core lithium ltd

Lithium prices (figure 2) have been the strongest performer in...

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    Lithium prices (figure 2) have been the strongest performer in the metals space this year and have been supported by strong EV demand (figure 3) in China up 40% month-on-month to 596,000 units in June according to Macquarie Research (July 2022).

    In addition, the penetration rate increased by 0.5% to 26.8%, reflecting continued customer adoption growth. In the US BEV/PHEV sales have also continued to accelerate, up 5% MoM and 71% YoY to 83,000 units, with an increasing penetration rate.

    A similar story in Europe with EV sales reaching 165k units in June 22 representing a 20.2% MoM increase.
 
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
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