Keeping up with EVsYou know what might be the precious elements used in electric cars? Check this article here and you might find the answers! If forecasts for EV penetration are to be believed – along with the billions of dollars car companies might have sunk into EV development and production – then lithium demand might set to increase approximately 10-fold over the next decade.
Given the reliance of cathode and battery producers on lithium and nickel supply, there might be a strong incentive for supply investment from descending users. The lithium and nickel sector might provide some good examples of this trend already with lithium and nickels chemicals companies, battery companies and even car companies investing or partnering with raw material suppliers/miners. Check disclaimer on profile.