Lithium will be the "new petrol". That sounds a bit of an exaggeration, but the shift is becoming more obvious. With the rapid growth of new energy vehicles, the global especially the Chinese market, the demand for lithium is also rapid, even crazy.
In 2017, the production and sales of new energy vehicles reached nearly 800,000 units, reaching 794,000 units and 777,000 units respectively, up 53.8% and 53.3% year-on-year respectively, and the growth rate of production and sales increased by 2.1 percentage points and 0.3 percentage points respectively. In 2017, new energy vehicles accounted for 2.7% of the market, 0.9 percentage points higher than the previous year.
