CRU: lithium price downtrend continues, with disappointing EV sales in China the driver
Green Car Congress
JANUARY 12, 2020
China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Chinese EV sales through to July totalled 696,000 this year. However, the combined conversion capacities of these two market leaders is below 30% of total Chinese capacity.
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