In the previous post, we explored the conversation on EVs where we discussed on how there might be a tipping point for the EV space, and a growing demand for it.
In today’s post, we’ll further the conversation on one of the raw materials needed to mass produce EVs — and that’s gonna be battery-grade lithium.
Quoting BCG, “By 2030, a shortage of lithium is forecast to be hitting in full force.”
From the World Economic Forum, “The world could face lithium shortages by 2025, the International Energy Agency (IEA) says, while Credit Suisse thinks demand could treble between 2020 and 2025, meaning “supply would be stretched”.
The race to secure lithium supplies is on.
From the two diagrams above, demand for lithium is expected to keep growing, and with a limiting supply, it’s no doubt that lithium prices has doubled in this year alone.
The question is how can we position ourselves to take advantage of the anticipation of this secular trend?
