Top Lithium stocks in Australia. Which ones to trade?

3 years ago
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Top Lithium stocks in Australia. Which ones to trade?

BloombergNEF forecast that electric vehicle (EV) sales are set to hit to 8.5 million by 2025, while EV sales, represented as a percentage of all new car sales, is set to hit 10% by 2025.

Importantly, although lithium-ion has many uses outside the production of EVs – including the production of batteries for smartphones, laptops and other digital devices, armour plating and glasses as well as certain pharmaceuticals – the consensus is that its long-term viability will be ‘directionally proportional’ to the adoption of electric vehicles, according to S&P Global Platts.

Reference to the article:
https://www.ig.com/au/trading-strategies/best-asx-lithium-stocks-to-watch-in-2020-200904

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