Lithium Market Size Worth USD 6.62 Billion by 2028 at 8.1%

The government’s directives to curb automakers’ reliance on internal combustion engines (ICEs) are a major force propelling the lithium market. Rising atmospheric carbon levels have made it imperative to think about using lithium batteries to mitigate pollution. Pollution-reducing batteries and other applications have moved customer priorities toward cleaner, greener emission technologies. There have been a variety of plans proposed for subsidizing electric vehicles and other market-booster technologies, all of which have contributed to the current surge in the market.

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