20% !?  Maybe in Europe. But the fact is that here in the US, EV sales are slowing down. Rental companies outloading thousands of EV,  saying it is hard and expensive to maintain. 

 Looking back, Lithium stocks were hot two/three  years ago. Last year - Magnificent Seven pulled the stock market higher while Lithium Fad disappeared. The US needs to build EV charging stations.  Plus there is Li oversupply until 2027. So, going forward, yes Li stocks will come back in the future ( 2026-2027) but in the meantime, there are other hot horses,  like uranium mines/stocks.

 There is a place for Li stocks in portfolio, but there are other areas of investing going forward. 

 Disclaimer: I still hold large positions in LAC and LAAC, thou I sold some.