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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year.

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What Causes Electric Scooters to Be Expensive in India?

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New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. Panasonic, Tesla, Toyota, and Chinese firms are pioneering new technologies.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Demand for lithium—the hottest commodity on the planet and the only commodity to show positive price movement in 2015—is poised to continue on its upward trajectory, becoming the world’s new gasoline and earning the moniker of “White Petroleum”. by James Stafford of Oilprice.com. Lithium is certainly showing all the right signs!”.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. In BNEF’s 2027 rankings, countries in South America see the biggest declines, notably Brazil and Bolivia.

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