Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto
Baua Electric
MARCH 8, 2024
Concentration and price collapse For now, global economic weakness has depressed buying of new vehicles and led lithium prices to dive. Lithium prices have fallen by about 80% since touching a peak in November 2022 as a slowdown in EV sales exacerbated a supply glut.
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