Lithium is a critical material for making lithium-ion batteries, which are the backbone of electric vehicles (EVs). EVs have gained increasing attention in recent years due to decreasing our reliance on fossil fuels and reducing greenhouse gas emissions. Unlike traditional fossil fuel vehicles, EVs have no CO2 emissions, making them a cleaner and more sustainable option for transportation. As more countries and companies commit to reducing their carbon footprints, the transition towards EVs has accelerated, causing a significant increase in demand for lithium-based chemicals.
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