I’ve just come across an article in Business Insider suggesting there’s a serious EV battery shortage. Apparently car makers would make more EVs and consume more lithium if battery suppliers could produce more batteries.
Do HC readers accept the argument? Could this explain the current weakness in lithium prices? Has lithium supply increased faster than the ability of all battery makers to consume it? Or is there a mismatch between the makers who have capacity to make more batteries and the makers who have the contracts to make the batteries?
AKE Price at posting:
$14.56 Sentiment: Buy Disclosure: Held
