Increased awareness of the detrimental impact traditional fuel-powered cars have on the environment has spurred automotive manufacturers to explore sustainable sources of power for vehicles. In fact, many cars today are hybrids: They are run by combustion engines that require gasoline or diesel and battery-powered electric motors. The trend in auto manufacturing, however, is leaning towards a fully electric future.
As the market for electric vehicles (EVs) grows, so does the demand for raw materials in electric car lithium battery production.
Industry players need to have data from market drivers on all levels of the electric car supply chain to stay afloat. Benchmark Minerals serves you for this purpose.
The falling prices of lithium-ion batteries for electric vehicles, the uncertainty in the best proportions of raw materials, the increasing competition from China, and the race among battery pack manufacturers and automakers to secure minerals necessary for manufacturing lithium-ion batteries—these are just a few of the events that shaped the EV industry over the last decade.
Players in this industry —the automakers, battery manufacturers, lenders, and investors—have their eye on the supply chain for electric vehicle manufacturing. Changes or lack of certainty in the downstream market (ex: automakers and consumer demand for electric cars), however, can cause a disruption in the upstream segments (ex: mining companies, lenders).
To weather this volatile industry, you need accurate and up-to-date information from the largest market drivers. Maximize Benchmark Minerals’ price data, projections, and market assessments so you can make the best decisions for your company.
Data gives you a basis for analysis, which in turn gives your company a clear direction. Benchmark Minerals can be that reliable and unfailing source of accurate data. Our team ventures to the sources of raw materials for lithium auto batteries. We have expert analysts who interpret data and give unbiased assessments about the market at large. Such information can give a huge advantage to your company.
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