Why does the lithium price drop ?? .
2023 Recession will cause less sales of Electric Vehicles maybe one , maybe a glut of Lithium available till 2025/6 based on current and upcoming production. For a left field explanation , hydrogen news in past months could mean Lithium EV will not dominate the market in years to come.
https://www.manmonthly.com.au/news/good-vibrations-turbo-charge-green-hydrogen-production/
Engineers in Melbourne have used sound waves to boost production of green hydrogen by 14 times, through electrolysis to split water in a discovery which could tap into supply of cheap hydrogen fuel for transport.
https://hydrogen-central.com/new-hydrogen-car-travels-2000-kilometers-single-tank/
"Lithium is definitely not a way forward. Solid-state battery would be an option, but it’s not there yet,” explains Kühn, who sees his technology as an alternative for drivers who don’t have a suitable charging option on the go. home or do not want to waste their time at charging stations. According to the executive, with his system “we can travel up to 2,000 kilometers with a single tank of fuel.”
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