EV battery prices rise for first time this year as China’s lithium prices rebound
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Lithium ion battery prices rose in May for the first time this year, according to Benchmark, as Chinese lithium carbonate prices surged by 50%, driven by a recovery in the country’s electric vehicle market. The Benchmark Global Weighted Average Cell Price increased to $110.7 a kilowatt hour (kWh), according to Benchmark Lithium Ion Battery Cell […]