Processed lithium producers are looking for demand to soar amid rising uptake of electric vehicles ( batteries ) . Demand for batteries is expected to surge as the industry attempts to reduce its carbon emissions . However , while there is a lot of lithium around , battery manufacturers and end users such as battery makers are beginning to agree long - term deals to encourage producers to take steps to address a future shortfall .
Processed lithium producers are preparing for demand to soar amid rising uptake of electric vehicles (EVs). Demand for EVs is expected to surge as the world attempts to reduce its carbon footprint. However, while there is a lot of lithium around, battery manufacturers and end users such as car makers are beginning to agree long-term deals to encourage producers to take measures to address a future shortfall.