The Elements of Innovation Discovered
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As the price of lithium has skyrocketed over the last 18 months, the demand for lithium-ion batteries is more intense than ever. Battery makers, including Panasonic, LG Chem and CATL, have to budget for the rising cost of lithium, a metal that's crucial to the batteries that go into electric cars, as they expand their production over the coming years. With every bull market, however, there are bear prognosticators who bet on the price of lithium to decline with the market...