The electric vehicle (EV) revolution is gaining ground.
According to expert projections, request for electric vehicles it is expected to increase at a compound annual growth rate (CAGR) of 21.1% through 2026.
The extraordinary demand forecast for electric vehicles over the next five years has now begun to trigger a massive disruption in global energy markets.
As demand for electric vehicles continues to rise, demand for lithium – the critical component needed for the batteries that power all of those electric vehicles – is also expected to rise.
According to Roskill Information Services, “The demand for chemical lithium from end-use sectors is projected to increase year on year to approximately 280,000 tons of lithium …
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