TOKYO -- Prices for metals used in electric vehicles are falling, with the value of lithium down nearly 50% from a recent peak last fall, as EV demand slows down in the largest market of China.
Battery metal supplies to rise as countries plan output expansion
A worker at a production line for EV lithium-ion batteries in a factory in Huzhou, China. © Reuters
TOKYO -- Prices for metals used in electric vehicles are falling, with the value of lithium down nearly 50% from a recent peak last fall, as EV demand slows down in the largest market of China.