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TrendForce Expects Prices of Lithium-ion Batteries to Increase by 5~15% in 3Q18 Due to Rising Costs of Materials

Cobalt prices have reached another record high in 1Q18, according to the data from EnergyTrend, a division of TrendForce. As the result, the prices of lithium-ion battery cells are estimated to increase by 5~15% QoQ in 3Q18, but would have a chance to remain flat in the fourth quarter. According to Duff Lu, senior research […]

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