Albemarle expects 40% Chinese EV market growth to drive lithium demand

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Lithium giant Albemarle Corp expects China's electric vehicle (EV) market to grow 40 per cent this year, or at least by 3 million vehicles, boosting demand for the battery metal in the world's largest auto market.China's government has been phasing out subsidies for EVs, but Albemarle said so far those st

Lithium giant Albemarle Corp expects China's electric vehicle market to grow 40 per cent this year, or at least by 3 million vehicles, boosting demand for the battery metal in the world's largest auto market.

Chinese lithium customers are not slowing orders and the country's stockpiles of cathodes and battery parts are decreasing, a harbinger of demand for the battery metal, executives said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in FR

France Dernières Nouvelles, France Actualités