A Potential Supply Shock for Lithium Might Surprise This Year
Supply Issues Used to Hound the Markets Rampant lithium demand has caught many forecasters by surprise, with booming global EV sales causing consumption to double over the past two years. With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022,…
Aluminum Looks Headed for More Turbulence
Aluminum demand has skyrocketed this year, with prices reaching an all-time high in March. The post-pandemic consumption boom saw strong demand for electric vehicles, refrigerators, and renewable-energy equipment, all of which contain silver-gray metal. Futures dealers are scrambling to limit price risk in the face of such demand and price volatility. Demand is so strong…
Why Tesla’s Market Share Might Fall in 2023
Things are not looking good for Tesla next year. Experian, a consumer credit reporting and data analytics business, just published its Automotive Market Trends for Q3 2022. The study includes statistics on vehicles in operation (VIO) by model year, segment, age, and market share, as well as other light-duty vehicle data in the United States…
