Future Tech

Mercedes signs deal with Rock Tech Lithium to push e-vehicle drive

Tan KW
Publish date: Thu, 20 Oct 2022, 03:03 PM
Tan KW
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BERLIN - Mercedes-Benz has signed a supply agreement with Canadian-German Rock Tech Lithium Inc to receive on average 10,000 tons of battery-grade lithium hydroxide per year, the German carmaker said on Thursday.

The deal allows the luxury carmaker to supply its battery partners with raw material, starting in 2026, including a qualification period, in order to rapidly scale up production of fully electric vehicles, the company said in a statement.

 


  - Reuters

 

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