Lithium Market Size Worth Usd 6.62 Billion By 2028 At 8.1%March 20, 2023 ⚊ 1 Min read ⚊ Views 33 ⚊ FOOD
The government’s directives to curb automakers’ reliance on internal combustion engines (ICEs) are a major force propelling the lithium market. Rising atmospheric carbon levels have made it imperative to think about using lithium batteries to mitigate pollution. Pollution-reducing batteries and other applications have moved customer priorities toward cleaner, greener emission technologies. There have been a variety of plans proposed for subsidizing electric vehicles and other market-booster technologies, all of which have contributed to the current surge in the market.