Market is starting to accelerate on (B)EV but it will take a while before we see a shortage for battery commodities, government policy will be a major player to make this happen but you see they are still holding back, normal auto consumers will have to make the difference to gear op the (B)EV revolution
Livent shares plunge after sales warning
Livent, which produces a type of lithium that is used in Tesla electric car batteries, said a “small number of customers” had delayed their 2019 orders, which would lead to lower sales volumes and lower prices.
In addition the company said that it did not expect to see a “meaningful change in demand” for its lithium hydroxide “until late 2019 or early 2020” despite rising sales of electric cars.
Livent is one of the key producers of lithium hydroxide, a type of lithium that is used in more powerful high-nickel batteries by Tesla and other premium electric car makers.
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