I heard about six months ago that, while EV sales will continue to climb, the number of lithia units in each vehicle will decrease.
for instance, selling 100k cars at 10 lithia units = 1m lithia units.
selling 200k cars but at 3 lithia units = 600k lithia units, significantly less demand.
many posts here are simply posting about EV demand. It’s only half the story.
I’ve yet to read a compelling argument as to why this doesn’t continue to weigh on lithium demand
Lithium Related Media Articles, page-24074
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