Home Tech Electric Vehicles

Lithium boom turns to bust as prices crash

Nuying Huang, Taipei; Jingyue Hsiao, DIGITIMES Asia Wednesday 7 August 2024 0

Credit: AFP

Lithium was previously considered a highly profitable sector during the electric vehicle (EV) boom. However, declining lithium prices have caused significant disruptions across the battery industry, leading major suppliers to scale back their investment...

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