The rising price of cobalt is pushing up the cost of lithium-ion batteries, reports EnergyTrend. Q3 prices of lithium-ion batteries are expected to rise by 5-15%. Prismatic cells, cylindrical cells, and polymer cells are expected to show a Q3 QoQ price growth of 6~8%, 7~9%, and 10~15% respectively. Global demand for cobalt is around 110,000 ...
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