Supply Chain & Raw Materials
Pages 300–316 (17 pages)
Text on page 302
Battery Raw Material Prices Stay Low In 2024
Source: Content & analysis provided courtesy of CRU Group Distinguished Partner). For more information, visit https://www.crugroup.com.
Mining investments have increased supply of battery materials
Rate of growth supply has outpaced EV and battery demand
Companies have struggled to draw down on inventories
Continued shift to LFP in EVs has softened demand for nickel and cobalt
Extracted from the PDF; charts and images may read imperfectly.
Page 302 · 3/17
More in Industry
Overviewp.5Notable Eventsp.7Industry Value Chainp.21Financep.40Costsp.57Cell & Pack Manufacturingp.69Applicationsp.104Applications: Electric Vehicles (EV)p.106Applications: Battery Energy Storage Systems (BESS)p.137Applications: Otherp.174Safetyp.187Legalp.195Chemistryp.198Chemistry: Cathodep.203Chemistry: Anodep.233Chemistry: Electrolyte & Separatorp.250Chemistry: Solid Statep.259Chemistry: Lithium-Sulphurp.269Chemistry: Non-Lithium Chemistriesp.277Recycling & Reusep.317Softwarep.331