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Electric Car Battery Manufacturers Fueling Global Demand for Lithium

During the 2024 Atomexpo International Forum (the 13th edition), Nikita Gusakov, senior vice president of the Russian Export Center (part of VEB.RF), reported that the lithium market has experienced an annual growth rate of nearly 30%. He noted that more than 85% of the demand for lithium comes from manufacturers of batteries for electric cars.

Lithium Market: 70% Of Market Growth Is Expected In APAC During 2022-2027

Lithium Market: 70% Of Market Growth Is Expected In APAC During 2022-2027
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