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Global X Lithium and Battery Tech ETF (NYSEARCA:LIT - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $72.75 and traded as low as $71.59. Global X Lithium and Battery Tech ETF shares last traded at $71.81, with
Global electric-vehicle sales hit 2 million in June, gaining for the fourth straight consecutive month, per industry data.
China has unveiled a new carbon-peaking action plan that targets new energy vehicles (NEVs) accounting for 30% of the country's total vehicle fleet by 2030, marking a significant step in the electrification of the world's largest automobile market. The State Council on Thursday released the "15th Five-Year Plan" Carbon Peaking Action Plan, outlining the country's roadmap to peak carbon emissions before 2030.
Global X Lithium & Battery Tech ETF (LIT) is rated a buy, driven by catalysts in EVs, AI, and semiconductors supporting top holdings. LIT's recent rebound, with a one-year share price doubling, signals a critical inflection point in lithium markets and ongoing outperformance potential. Top holdings—Rio Tinto, Naura Technology, and Panasonic—are positioned for sustained cash flow growth amid strong demand and industry tailwinds.
China's October 2025 expansion of rare earth export controls continues to ripple through equity markets eight months later.
Executives point to a faster than normal shift in demand from larger vehicles to more efficient vehicles. Rising gas prices and uncertainty surrounding the Middle East conflict are adding to industry pressures.
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2026) - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), ("Argentina Lithium" or the "Company") announces the retirement of Miles Rideout as Vice President Exploration of the Company, effective June 21, 2026. Since 2021, Mr.
Rising fuel prices driven by the Iran war are boosting demand for new and used electric vehicles across Europe, industry data shared with Reuters shows, though some executives warn interest could fade if petrol costs fall.