Spike in Lithium Prices May Throttle China’s EV Market – Caixin

Lithium, the key ingredient of batteries, had a bumper year in 2021, as electric vehicles sales boomed globally, with China alone shifting 3.5 million units, double its 2020 tally, Caixin Global reported.

With new tailwinds from a commodities rally, driven largely by the war in Ukraine, the red-hot market for battery-grade lithium carbonate shows no signs of easing, the report said.

Read the full report: Caixin Global

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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