TOKYO -- Prices for key metals used in electric-vehicle batteries have diverged, with lithium holding strong on brisk demand and tight supply while nickel and cobalt start to fall out of favor in the crucial Chinese market.
Commodities
Lithium stays sky-high as other EV battery metals come down to earth
Changing tech trends in top auto market China reduce demand for nickel and cobalt
Tesla Model 3s are seen at a factory in Shanghai. The global competition for battery materials is growing as electric vehicles become more popular. © Reuters
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