Booming battery prices in Asia to continue amid choked global supply chains

Battery raw materials prices are likely to continue to boom in Asia this year due to choke points in global supply chains, sources told Fastmarkets.

Lithium

China’s lithium prices have increased more than six-fold since the beginning of 2021 due to the surge in demand in the electric vehicle (EV) sector and limited availability of...

Published

Paul Lim

Carrie Shi

Siyi Liu

Zihao Li

January 24, 2022

13:22 GMT

Shanghai, Beijing, Singapore