Funds raised for EVs were 15x more than for Battery Materials in Jan
Funds raised in Batteries in January were nearly twice those raised in Battery Materials and in EVs more than 15x those raised in Battery Materials. The extent to which capital remains so unconstrained in downstream sectors underlines the magnitude of the demand event emerging for battery materials now. There were 13 deals in lithium in January, the most monthly activity since 2018 and, while it’s great to see funding activity picking up in the sector, it’s still too little and it may very well be too late to head off what is shaping up to be a very significant pricing...
Topics
Batteries
Capital
EVs
Lithium
