Chinese lithium carbonate demand for EV expected to grow to 13% of total demand in 2017

By Siobhan Lismore-Scott, Adam Page
Published: Wednesday, 31 December 2014

The lithium market worldwide continues to grow steadily after setbacks earlier this year. The demand for electrical vehicles is encouraging growth now but many producers are hoping to supply for a boom in the market in the next few years.

Chinese electric vehicle (EV) demand is expected to have surged by 363% year-on-year (y-o-y) in 2014, with 33,206 EVs sold in the first nine months of the year, according to a recent industry report.

The growth in this sector has led to a rise in demand for lithium carbonate,...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.