Tianqi Lithium expects tremendous growth in demand for NEV automobiles
2020-01-09 17:40:46 [Print]
Tianqi Lithium recently stated that, with NEV auto models of Tesla and other manufacturers becoming highly marketable, a tremendous growth in demand for NEV autos is expected, which will form solid underpinning to demand for lithium hydroxide. As major European countries and renowned car manufacturers have nailed down their plans and policies on electric auto development, the global automobile market is advancing in an inevitable electrification direction, and Tianqi Lithium feels more confident in seeing a long flourishing time ahead in the electric automobile industry.
Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max Delivered China
Unit:RMB/mt
Chna's lithium hydroxide producers; sales to production ratio statistics by province by month
Unit: %
