Global demand for lithium to touch 1.0 Mt LCE by 2027

Burgeoning demand from the lithium-ion battery industry and fast-growing Chinese electric vehicle market, estimated to reach around a million units by 2021, likely to put pressure on the lithium supply chain.

22 Jun 2018 | 13627 Views | By Autocar Pro News Desk

Global demand for lithium, mainly driven by the lithium-ion battery industry, is set to grow exponentially will continue to be the main catalyst for its growth. The lithium ion battery industry, which accounted for around 50 percent of consumption in 2017, is expected to reach over 80 percent by 2027, ...

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