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CHHQF - Electric Vehicles Drive Commodities Of The Future
China Hongqiao Group Limited
Demand drivers stemming from electric vehicles (EVs) and their infrastructure could impact the utilization of several metals and the countries from which they are sourced—many of them emerging markets (EMs).
The rise of EVs is likely a major reason for the surge in demand for lithium, a key component of lithium-ion batteries.
Nickel is also experiencing demand from EV batteries because it helps deliver higher energy density and greater storage capacity.