EV battery metal prices stay sluggish despite China correction measures

Global overproduction, in anticipation of soaring demand, snuffs out rebounds

20250918N Tesla EVs

EV sales, including at major manufacturers like Tesla, are on a downward trend. © Reuters

SHUGO YAMADA

TOKYO -- Prices for lithium, nickel and other minerals used in electric vehicle batteries are weak, a result of overproduction on anticipation of rising EV adoption.

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