Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030
Green Car Congress
AUGUST 5, 2023
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. This is more than double the $54-billion investment needed to meet Benchmark’s base case lithium demand scenario. This is an updated calculation following the investment analysis Benchmark developed last quarter.
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