Lithium a key component in EV-Battery manufacturing
Market Dynamics Lithium today is an indispensable element that is helping develop future industries. Lithium-ion batteries in particular is powering electric vehicles, smartphones and mobile computers, with the promise of its application in renewable energy storage as well. Novel applications such as wearable batteries are also firing up its demand. Further the growth of many other traditional industries which use Lithium in their process is growing as well. We expect the demand for Lithium would grow rapidly in the coming years and a supply demand analysis wound be warranted , "The main drivers for the growth of lithium can be attributed to the rechargeable battery and ceramic and glass industries." Accelerating Demand for Electric Vehicles Stringent Global Regulations Covid-19 taught the world the power of disruptions and how to manage our lives. Business is no longer as usual and will not be in years to come. There are many things that have change permanently. Many pol
