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  • Posted On: 2021-08-05
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Recharging economies

Our Lithium and Cobalt CBS January 2021 forecast global passenger PEV sales to increase from 2.9 million units in 2020 to 9.5 million units in 2025. Consolidation increased the top six manufacturers' share of China's LIB capacity from 38% in 2017 to 49% in 2020, which we expect to increase further to 58% in 2025.