The Source for Multinational Fleet Professionals
A total of 22 bids from a broad range of qualified buyers were received online during the 30-minute auction window for the 5,000 dry metric ton cargo of spodumene concentrate—a partly-processed form of lithium.
Sila's silicon anode chemistry will be incorporated for the first time in batteries for the Mercedes electric G-Class.
The automaker's investment will go toward building a battery plant in the U.S. The new company will further develop and expand the local supply chain of lithium-ion automotive batteries.
A new battery plant is targeted to start by Q1 2024 and will supply Stellantis facilities across the U.S., Mexico, and Canada.
While BMW uses VC funding to extract lithium for battery cells, GM partners up with another company to source rare earth materials to manufacture EVs.
The company will source lithium from a second leading supplier, US-based Livent.
Two of the longest-running brands collaborate to bring to market a new 40-foot bus with a 444 kWh battery capacity and an estimated 150-mile range.
The step is a prerequisite for sales of the vehicle in California.
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