..proponents of electrification and a greener environment ought to celebrate that as critical minerals become cheaper, there is now a faster path forward for EVs and battery energy to reach mass adoption.
...cheaper lithium enables cheaper EVs - an enabler for consumers to afford EVs instead of bonanza profits going into lithium companies.
Prices for critical minerals, such as lithium, copper, cobalt & more, fell sharply in 2023 after a recent investment boom – helping drive battery prices down 14%
This was good news for consumers & affordability, but it was a headwind for new spending
https://x.com/IEA/status/1809569240954929414
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