Electric Vehicle Market Update: H1 2024 in Review
The electric vehicle (EV) market has boosted demand for commodities such as lithium and cobalt in recent years, making EV sales a good metric for evaluating the battery metals landscape. However, slowing growth in EV adoption in 2023 led to lower predictions for EV sales this year and lower prices for battery metals. Now that we’re half way through 2024, some interesting trends have emerged that may lead market participants to rethink their EV sales forecasts. With those factors at play, what are the key electric vehicle trends to watch? Here the Investing News Network (INN) takes a look at wh...