Electric Car Battery Manufacturers Fuelling 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.