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Stellantis, which has said half of its fleet will be electric by 2030, also agreed to nearly triple the amount of lithium it will buy from Controlled Thermal, boosting a previous order to 65,000 metric tons annually for at least 10 years, starting in 2027.
Also, Texas is all in on Tesla EV charging technology, and Stellantis is investing over $100 million into a California lithium project.
MILAN (Reuters) - Stellantis has signed an offtake and equity investment agreement with Australia-listed Kuniko, the latest of a string of deals aiming to give the carmaker stable supply of key materials for vehicle batteries.
Stellantis NV and Kuniko Ltd announced Friday the signing of a binding purchase agreement to secure the supply of 35 percent of cobalt nickel sulfate from Kuniko's nine-year exploration projects in...
(Reuters) - Lithium, the metal used to make electric vehicle batteries, has historically been produced using water-intensive evaporation ponds or open-pit mines. But a fleet of direct lithium extraction (DLE) technologies is on the verge of upending that.