Lithium's Role in the Global EV Market

in Account Booster 👍 • 3 years ago

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Environmental rules and regulations governing emissions and air and water pollution in the transportation industry seem to be flourishing. These rules and restrictions, along with the scarcity of oil as a natural resource, could have aided research into alternate fuels for automobiles. Furthermore, because lithium could be the primary component in all EV batteries, according to Bloomberg, the value of lithium might possibly increase by 9x by 2030.

EVs might be popular as a way to lessen greenhouse gas emissions and pollution caused by the transportation sector. Lithium-ion batteries seem to be the battery of choice for EVs among manufacturers, and could have the potential to presently playing a critical part in the shift to EVs. Check disclaimer on profile and landing page.

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3 years ago in Account Booster 👍 by
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