OMG was that report written by GS!
Couldn’t be bothered reading till the end as my instincts tell me something stinks about that report.
Firstly they make it sound like there is a ton of lithium in an electric vehicle battery as is the comparison between the rise in the price of lithium per ton and the rise in the price of an EV.
The price of ICE vehicles have risen by that much as well and secondhand vehicles in some cases even more. More to do with chip shortages and labor shortages and logistics.
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