So much for those lithium mines in Peru they were expecting to get rich on.
So much for those lithium mines in Peru they were expecting to get rich on.
. . Cutting tax credits would hit Korean battery companies hard at a time they’re suffering from weaker demand for EVs. Prices of lithium, a key mineral tied to the selling price of an EV battery, plunged nearly 90% from their highs in 2022 due to slower-than-expected adoption of EVs. . . Source (bloomberg.com)
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Cutting tax credits would hit Korean battery companies hard at a time they’re suffering from weaker demand for EVs. Prices of lithium, a key mineral tied to the selling price of an EV battery, plunged nearly 90% from their highs in 2022 due to slower-than-expected adoption of EVs.
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[Source](https://www.bloomberg.com/news/articles/2024-12-08/trump-ev-skepticism-threatens-54-billion-in-korean-investments)
The people that wanted them or thought they did already bought them. Many of them have decided they don't want them. The used market is a bloodbath.
The people that wanted them or thought they did already bought them. Many of them have decided they don't want them. The used market is a bloodbath.
time to buy lithium?
It's good for your brain I hear
time to buy lithium?
It's good for your brain I hear
The solution to high prices is high prices. The solution to low prices is low prices.
The solution to high prices is high prices.
The solution to low prices is low prices.
(post is archived)