Commodities Analysis by Michele Schneider covering: Tesla Inc, Global X Lithium & Battery Tech ETF, Rivian Automotive Inc. Read Michele Schneider's latest article on Investing.com
: Lithium-ion batteries, which contain lithium, power the majority of EVs. These batteries are known for their high energy density, long lifespan, and relatively lightweight design.: Lithium is highly reactive, allowing batteries made with it to hold high voltage and exceptional charge. This efficiency makes lithium-ion batteries an ideal choice for EVs.The International Energy Agency warns of potential shortages by 2025.Since then, LIT has fallen until yesterday, when it made a new low of 38.
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