The prices of key raw materials for making batteries for electric cars have fallen sharply this year. Last year, these so-called battery metals, such as lithium, nickel and cobalt, skyrocketed and car manufacturers were very concerned about long-term shortages. CEO Elon Musk of electric car manufacturer Tesla described lithium prices at the time as “insane”.
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After “insane” lithium prices: raw materials for electric car batteries are much cheaper again
