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Lithium Price jumps fivefold as demand surges for use in EV batteries

TOKYO (Kyodo) The price of lithium, a rare metal used in the manufacturing of rechargeable batteries, has increased fivefold since April last year ....

United States , United Kingdom , Toshihide Kinoshita , Honda Motor Co , Nissan Motor Co , Toyota Motor Corp , Nikko Securities Inc , Tesla Inc , Toyota Motor , Nissan Motor , Latest Articles , The Mainichi ,

Lithium price jumps fivefold as demand surges for use in EV batteries

The price of lithium, a rare metal used in the manufacturing of rechargeable batteries, has increased fivefold since April last year as demand from automakers surged, according to a recent report by British research firm Argus Media. Prices have also soared for other metals such as cobalt and nickel that… ....

United States , United Kingdom , Toshihide Kinoshita , Honda Motor Co , Nissan Motor Co , Toyota Motor Corp , Nikko Securities Inc , Tesla Inc , Motor Corp ,