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Mercedes Signs Deal With Rock Tech Lithium To Push e-Vehicle Drive

Mercedes will receive on average 10,000 tons of battery-grade lithium hydroxide per year.
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By Reuters

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Published on October 20, 2022

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Highlights

    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.

     

    # Mercedes-Benz# Cars# Auto Industry# Electric Mobility
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