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1 Small Electric Vehicle (EV) Stock to Watch in March -- Is It a Buy For 2024 and Beyond?
ALBAlbemarle(ALB) The Motley Fool·2024-03-11 11:15

There has been a total wash-out in the lithium market over the last year. The elemental material is a key ingredient in the lithium-ion batteries that power smartphones and, importantly to the growth story for the lithium market, electric vehicles (EVs). EV batteries are significantly larger than those in phones or even laptops, so the advent of battery-powered vehicles in the last few years was a boon to the lithium mining industry.Despite reports to the contrary, global EV demand continued to rise through ...