9 Industry Updates You Need to Know This Week [60-second Read] – ThomasNet News
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1. EVs to Grow to 45% of the Car Market by 2035, Driving Demand for Cobalt, Graphite, Lithium [Video]
The rise in EV manufacturing is reflected in Thomasnet.com data, where lithium carbonate and lithium hydroxide sourcing year-over-year surged 156% and 196%, respectively.
“Today’s news is further evidence of our growing partnership with Georgia, the workforce there, and an even brighter future together,” Qcells CEO Justin Lee said in the announcement.
Below, we explore what rare earth elements are, where they exist in nature, and how their unique properties and applications make them instrumental to modern industry.
Spend under management shows the total spending effectively managed by the procurement team. It’s measured in several ways across businesses but is…
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