Lithium battery supply chain under challenge

Nuying Huang, Taipei; Ines Lin, DIGITIMES Asia 0

Lithium prices are found to have increased more than sevenfold. Credit: AFP

The International Energy Agency (IEA) has advised the auto industry to diversify battery manufacturing and critical mineral supplies, as it found prices of raw materials such as lithium, nickel, and cobalt have surged drastically.

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