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The EV Revolution Accelerates as Battery Costs Plummet: A Double-Edged Sword for the Industry

In the rapidly evolving landscape of electric vehicles (EVs), a significant shift is underway. The cost of EV batteries, a pivotal component dictating the overall price of electric cars, is witnessing a historic downturn. This trend, spearheaded by industry giants like CATL and BYD, is… Read More »The EV Revolution Accelerates as Battery Costs Plummet: A Double-Edged Sword for the Industry

CME Group to Launch Lithium Carbonate Futures Amid Rising Electric Vehicle Demand

CME Group, a leading derivatives marketplace, is set to introduce a futures contract for Lithium Carbonate on July 17, 2023, subject to regulatory reviews. With the increasing demand for electric vehicles, this move aims to offer market participants improved risk management options and greater transparency… Read More »CME Group to Launch Lithium Carbonate Futures Amid Rising Electric Vehicle Demand