Lithium price decline boon to EV manufacturers
Lithium’s sharp decline, along with steep drops for nickel and cobalt, are driving battery prices to all-time lows, according to recent reports, with the price of nickel dropping to its lowest in more than two years.
The benchmark price for lithium in China is now down about 80% from its November 2022 record high.
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The benchmark price for lithium in China is now down about 80% from its November 2022 record high.
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