Why Lithium Prices Are Crashing Despite EV Growth

Lithium prices have collapsed more than 70 percent from their 2022 peak, even as global electric vehicle sales continue to grow. In this episode, Lucas and Luna dig into the specific supply dynamics that turned lithium from the commodity du jour into a cautionary tale about timing and overinvestment. They look at the price of lithium carbonate, spot versus contract pricing, and how the decision by major lithium producers to keep expanding through a price bust reshapes the commodity cycle narrative. Lucas explains the disconnect between EV headlines and what's happening on the ground in Chile and Australia. Luna pushes back on whether the demand story is really as strong as bull case investors claim. Along the way, they talk about why the whole battery metals complex — cobalt, nickel, lithium, graphite — is starting to decouple from each other. The episode uses real spot price data from the first half of 2026 and connects it to the broader inflation and commodity peak conversation. #Lithium #BatteryMetals #Commodities #EVSupplyChain #LithiumCrash #MiningIndustry #CriticalMinerals #Inflation #CommodityCycle #ChileLithium #AustraliaLithium #EVBattery #Cobalt #Nickel #Graphite #FexingoBusiness #BusinessPodcast #Economics Keep every episode free: buymeacoffee.com/fexingo