company news about Lithium battery raw materials keep rising

Since the beginning of this year 2021, the market for new energy vehicles and lithium batteries has continued to be hot, and the prices of upstream raw materials for lithium batteries have risen rapidly. Among them, the cathode material is the most critical raw material for lithium batteries, including lithium carbonate and lithium hydroxide. At present, lithium carbonate, lithium hydroxide, electrolyte, etc. have all increased to varying degrees. Some raw materials have increased by more than 200% compared with the beginning of this year.