Lithium: The Fuel of Energy Revolution
By Gaia Research Team.
The Gaia Research Team specializes in sustainable mining investments, focusing on responsible resource extraction. Committed to transparency and innovation, the Team aims to transform the mining sector into a more sustainable industry that benefits both the economy and the planet while addressing the huge supply and demand gap for critical minerals.
Lithium Market
Expansion of the EV Market
In 2024, the revenue in the Electric Vehicles market is projected to reach a staggering US$786.2bn worldwide.
Looking ahead, it is expected that the market will demonstrate a steady annual growth rate (CAGR 2024-2029) of 6.63%, which will ultimately lead to a projected market volume of US$1,084.0bn by 2029. with unit sales of the EV market anticipated to reach 18.84m same year.
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