carandbike logo
c&b icon

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

Follow us on

google-news-icon
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.
author

By Reuters

Calendar-icon

Published on October 20, 2022

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.

     

    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

    Popular Mercedes-Benz Models