Tag: demand
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The Top 3 Lithium Stocks to Consider Now
Rising, global demand for electric vehicles could send lithium prices even higher. According to The Economic Times, “A surge in demand for electric vehicles worldwide along with increasing pressure on the supply chain of materials that go into EV batteries has seen an unprecedented rise in prices of those same materials this year. In the first half…
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Top Ways to Trade Booming Lithium Demand
Lithium prices could go ballistic. For one, there’s speculation President Biden could invoke a Cold War-era defense law this week to encourage domestic production of metals needed to make EV batteries. In fact, according to Bloomberg, the DPA would allow the government to use a $750 million Title III fund to help increase domestic production…
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One of the Key Reasons to Own Nio Now
NIO (NIO) could be one of the top performers of 2021. After pulling back from about $65 to $45, the stock could retest its prior highs. All after the electric vehicle maker announced it will begin selling EVs in Europe in the second half of the year, according to Bitauto.com. By 2022, the company plans…