"New Cool" is Electric now and Korean automakers are stepping up to the competition in the electric space. Production of Lithium cells and batteries is already one the major strongholds of the Korean companies, now they are actively engaging in securing the supply of Lithium and Electric Cars will be the next step. Korean government supports the new industry with massive investments and we expect Korean companies to be in direct competition with Japan and China EV automakers in the nearest future.
"Lithium is a metal that may not be top of mind for many investors, but it's common in everything from cellphones and iPods to laptops and tablets.
Now, the rising demand for electric cars will help give an additional boost to lithium prices and stocks, analysts say."