You put cart before the horse. Lithium price was mostly driven by China's growing demand these few years. China's EV sale is more than half of global share. But the problem is that EV market share is very high in China, so the acceleration speed is slowing down. Europe EV market share is not bad, increased a lot. but the US ev share is still too low. To keep Lithium price higher, the global EV market should speed up. And with the climate change getting worse, renewable energy industry and EV market should speed up.
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