According to the latest research report data released by CITIC Securities, as lithium prices continue to fall, South American salt lake lithium companies have lowered their operating expectations. The research report predicts that lithium prices may fall below 100,000 yuan/ton in

According to the latest research data released by CITIC Securities, as lithium prices continue to fall, South American salt lake lithium companies have lowered their operating expectations. The research report predicts that lithium prices may fall below 100,000 yuan/ton in 2024, which is expected to have a major impact on the entire electric vehicle industry. Recently, the downward trend in lithium prices has been accelerating, and the decline in Australian lithium ore prices has also expanded, further weakening the logic of cost support. This situation not only increases the operating pressure of South American salt lake lithium companies, but also indicates that the trend of lithium prices will be even more depressed in the future.

For the electric vehicle industry, the falling lithium price is a major benefit. Lithium is the main raw material for lithium-ion batteries. The high price of lithium directly leads to the increase in the cost of electric vehicle batteries, making the price of electric vehicles remain high. If the price of lithium can drop below 100,000 yuan/ton, the battery cost of electric vehicles will be significantly reduced, and the price of electric vehicles is also expected to drop accordingly. Currently, solid-state battery technology is constantly developing and is expected to become mainstream battery technology in the future. If a new generation of solid-state battery technology becomes widely available, demand for lithium may decrease, which could cause lithium prices to fall. At the same time, as technology continues to advance, the energy density and lifespan of lithium-ion batteries may also be improved, further promoting the development of electric vehicles.

In fact, the downward trend of lithium prices has attracted great attention in the industry. Some industry insiders pointed out that the decline in lithium prices is the inevitable result of the industry entering a downward cycle, which will also promote the reappearance of the trend of mergers and acquisitions and integration in the industry. In this process, some production capacity with high cost margins may be eliminated. Some institutions predict that lithium prices may continue to fall in the future, which is undoubtedly a huge benefit to car companies. Lower manufacturing costs mean that consumers can purchase more affordable electric vehicles, further expanding the market share of electric vehicles. .

Of course, for some companies that rely on lithium resources, the decline in lithium prices may bring certain operating pressure.

In the long term, falling lithium prices could have a significant impact on the entire electric vehicle industry. Although it may bring certain operating pressure to some companies that rely on lithium resources, this pressure may prompt these companies to pay more attention to improving production efficiency and reducing costs, thereby enhancing their competitiveness. At the same time, the decline in lithium prices will further accelerate the development of the electric vehicle industry, pushing the industry into a new stage of development, bringing more choices to consumers and improving the quality of life.