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Electric vehicles are having a moment as falling commodity prices spur sales.
Published 3 years, 6 months ago
Description
The cost of lithium, an essential component in EV batteries, has dropped by nearly 20% since January while the price of cobalt, also an important material for batteries, has fallen over 50%; the price of copper has dipped nearly 20%. Unsurprisingly, the sales of electric vehicles have sharply risen.
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