14-day Premium Trial Subscription Try For FreeTry Free
The global demand for electric vehicle (EV) batteries is likely to growth multi-fold by the end of the decade. This would also imply robust growth for some of the best EV battery companies.
Lithium prices have been crushed. But that'll happen with oversupplied markets, and lower demand for electric vehicles thanks to higher interest rates.

Why Lithium Stocks Are Plunging Like Niagara

08:25am, Sunday, 21'st Jan 2024
The bottom has fallen out of the support once afforded to lithium production companies. The fear of fewer electric vehicle sales due to recent issues may contribute to the decline in lithium stocks. W
2023 has come to an end. 2024 is here and the electric vehicle industry couldn't be happier about that transition.
EV battery stocks could be on the precipice of a strong rally. The catalyst of this potential rally comes from a company that's revolutionizing the solid-state battery market, QuantumScape (NYSE: QS )
Not long ago, lithium prices were skyrocketing on fears of a supply shortfall, as growth in the electric-vehicle market lifted demand for the metal used in lithium-ion rechargeable batteries.
With the world fighting to go green, battery stocks are becoming far more attractive. After all, batteries play an essential role in the world's move to renewable energy.
Shares of Albemarle (ALB) lost ground Wednesday as the biggest lithium producer announced it was cutting costs and jobs, as well as taking other measures to save money because of “changing end-marke

Albemarle to slash costs as lithium prices slide

10:13am, Wednesday, 17'th Jan 2024
Albemarle Corporation (NYSE:ALB, ETR:AMC) announced on Wednesday that it is seeking to reduce costs by about $95 million a year due to falling lithium prices.  The chemical company said its expense-c
Wednesday, lithium miner Albemarle announced head count reductions and less capital spending. Electric-vehicle demand isn't keeping up with lithium supply.
Shares of Albermarle Corp. ALB, -0.08% rose 1.4% in premarket trading Wednesday, after the specialty chemical company announced cost-cutting actions to boost cash flow, due to changes market condition
The China lithium carbonate spot prices look to be approaching a bottom after falling 80% from its high. Several higher cost lithium mines are shutting down or reducing production. This typically lead
Lithium has become a hot commodity with the growing adoption of electric vehicles (EVs). While EV sales may have seen a slowdown, the future will be all about EVs.

Bear of the Day: Albemarle (ALB)

07:31am, Tuesday, 16'th Jan 2024
This lithium producer is cheap.
Albemarle downgraded its sales outlook for 2023 amid uncertainty in the lithium markets. It also called off a mega-acquisition last year.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE