When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
The lithium industry is set to experience unprecedented demand over the next few years. Lithium demand is no longer being driven by consumer electronics. Instead, demand is now being driven by complex lithium-ion batteries necessary for EVs (electric vehicles). The rise of EVs has significantly accelerated the development of cost-effective large lithium-ion batteries. Bloomberg New Energy Finance is even predicting that there will be approximately 548 million electric vehicles by 2040.
EVs now account for approximately 65% of lithium demand, which is a stunning statistic considering the fact that EVs have only started to grow