Will lithium carbonate cost slump cut EV prices?

Nuying Huang, Taipei; Peng Chen, DIGITIMES Asia Thursday 7 December 2023 0

Credit: XPeng Motors

Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries take up 30% to 40% of an EV's costs, the market has kept a close eye...

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