Stellantis invests ~$52M to increase Lithium production for EVs

Teslarati
By Maria MeranoJun 27, 2022, 12:59 am204 pts
Stellantis made a €50 million (about $52 million) equity investment in Vulcan recently to increase lithium production for EV manufacturing. Vulcan plans to use the investment for expansion drilling in its Upper Rhine Valley Brine Field (URVBF), where it aims to produce lithium hydroxide. Vulcan’s URVBF…

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