Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto
Baua Electric
MARCH 8, 2024
Analysts have said the EV industry will depend on lithium for years to come, even though cheaper battery technology alternatives using less or no lithium are being studied. 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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