The narrative that “EV growth is slowing, so battery minerals are over” is one of the most misleading takes of 2025. Lithium, nickel, and cobalt are not fading—they’re being repositioned. The next wave isn’t about electric cars; it’s about grid-scale energy storage, the backbone of every renewable-heavy power system. As solar and wind capacity surge globally, the real bottleneck has shifted from electricity generation to long-duration storage, and ESS (energy storage systems) is set to become a market far larger than EVs ever were.
This is why analysts now say the smartest investors are zooming out. Instead of fixating on car sales, they’re asking: Who supplies the minerals for the infrastructure of an electrified world? It’s a strategic shift—from transportation tech to energy infrastructure tech—and the companies positioned to supply battery-grade minerals to governments, utilities, and storage developers may define the next decade of commodity returns.
Disclaimer: This article is for general information only and is not financial advice. You are responsible for your own financial decisions.
