Connect with us

Business

5 Lithium shares that are fast-charging up in 2021

Published

on

ADVERTISEMENT

If there has been one sector that has been grabbing a lot of attention so far in 2021, it is lithium. After surviving a treacherous couple of years with low prices for the battery focused commodity, these lithium shares are now flourishing.

Electric vehicle demand lifting lithium shares

The growth story stems from an undeniable boom in electric vehicles (EV), with beneficiaries being the likes of Tesla Inc (NASDAQ: TSLA), Nio Inc (NYSE: NIO), and Xpeng Inc (NYSE: XPEV). As governments and regulatory bodies step up measures to reduce emissions, EVs are gaining traction.

The explosion in demand is shown by the International Energy Agency report in 2020. Reportedly, EVs on our roads have gone from 17,000 to 7.2 million in the space of…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

1 great way for Aussies to get exposure to Tencent and Alibaba
Australia’s AstraZeneca vaccine rollout to start by 8 March after first 300,000 doses arrive – The Guardian