People are still stuck thinking about the COVID-era prices when...

People are still stuck thinking about the COVID-era prices when lithium was through the roof. But those days are long gone, prices have settled back to more sustainable levels, making it feasible to use the ore in battery production without breaking the bank.

If lithium had stayed that expensive, would the EV market even stand a chance? Imagine if the same electric car you can buy today suddenly cost two or three times as much. No one would pay that, and the entire industry would struggle to stay afloat. The key isn’t sky-high lithium prices, it’s maintaining a cost structure that allows growth and adoption.