Outlook for electric vehicle metals positive as supply issues to keep prices at elevated levels by 2025, analysts say

//Outlook for electric vehicle metals positive as supply issues to keep prices at elevated levels by 2025, analysts say

Outlook for electric vehicle metals positive as supply issues to keep prices at elevated levels by 2025, analysts say

Supply issues will cause prices of metals used in electric vehicles to gradually rise where they are likely to stabilise by 2025, but the current rally driven by disruptions to production, transport and speculation because of the pandemic is likely to run out of steam, according to analysts.“In the longer term, we expect to see tight supplies for a handful of EV battery and motor metals, and we will need to sustain these higher prices to encourage production growth, but not high enough to…

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By | 2021-03-10T13:15:14+00:00 March 10th, 2021|Business|Comments Off on Outlook for electric vehicle metals positive as supply issues to keep prices at elevated levels by 2025, analysts say