APPLICATION Flashcards
1
Q
WHAT HAS HAPPENED TO THE PICE OF LITHIUM since November 2022
A
It peaked at approximately $84,500 per metric ton. by feb 2025 it had fallen below $10,000
2
Q
factors that lead to decrease demand for lithium
A
- over supply in market: producers ramped lithium extraction but slew adoption in places like ASIA not meeting expectations.
- Slower EV adoption
3.Increased global production - Shifts in battery technology, less dependent on lithium heavy products
- Policy and trade dynamics: trumps tariff have put a lot of uncertainty in ev market and Tesla a main ev producer saw sales fall 13% in q1 2025
3
Q
What are some facts about octopus energy
A
-Has a 24% market share in 2024 overtaking British Gas
4
Q
what is an example of horizontal integration
A
Octopus energy acquiring shell energy and bulb energy
5
Q
what kind of brand is Octopus energy in energy market
A
Challenger brand
6
Q
Why has octopus being so successful
A
Because they have risen to prominence quickly and scaled quickly too.
