While COVID-19 has delayed the rate of vehicle electrification, government support in key demand centers still provides momentum for uptake in plug-in vehicles, especially as economies emerge from pandemic restrictions.
For lithium and cobalt markets, despite having plug-in vehicles as the common driver for their respective demand increases, we expect the price outlooks for the two commodities to diverge due to the interplay of supply-side and demand factors.
Join us to understand our outlook for plug-in vehicles, price expectations for lithium and cobalt, and the key dynamics within the battery metals space.
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