The global demand for lithium is rapidly rising, fueled by the exponential growth of the electric vehicle market. Lithium carbonate is a key component in lithium-ion batteries that power EVs. As automakers ramp up EV production, securing a steady supply of battery-grade lithium carbonate has become a priority. Major lithium carbonate buyers include: Tesla – The leading EV maker uses vast quantities of lithium at its Gigafactory battery plant. Tesla has signed long-term agreements with lithium producers like Ganfeng Lithium to lock in future supply. BYD – This top Chinese EV maker and battery supplier is aggressively expanding lithium procurement for its blade and lithium iron phosphate batteries. LG Chem…