Battery Breakthrough: 3 Stock Innovators Outpacing the Old Guard

Lithium is a key component of electric vehicle (EVs) batteries, which have surged in demand in the past few years. However, lithium prices have been volatile in the past year, causing some of the best battery stocks to reach record highs in late 2022. However, according to Koyfin, lithium carbonate prices have fallen more than 72% over the past twelve months. An oversupply of rare earth minerals is one of the reasons prices reached new lows in 2023. The other reason is most likely related to the slowing dem ...