Mercedes-Benz Signs MoU With the Government of Canada to Source the Raw Materials for Electric Vehicle Batteries

Mercedes-Benz has signed an MoU with the Government of Canada that will help ensure that the automaker has a reliable supply for raw materials such as lithium to produce all of the electric vehicle batteries its will need by the end of the decade. The MoU is part of the automaker's efforts to set up an entire automotive value chain for the responsible production and recycling of EV batteries.

Eric Walz2022-09-29 10:00 PT

General Motors Announces Two Major Long-Term Supply Agreements for Enough Lithium and Cathode Material to Build 5 Million EVs

For U.S. automaker General Motors, securing long-term supply deals for the raw materials used to produce EV batteries, such as lithium hydroxide, is essential to reach the company's goal of phasing out gas-powered passenger vehicles by 2035. Now GM has announced two major long-term supply deals for enough lithium and cathode materials to build five million EVs, which will be vital to the automaker's electrification plans.

Eric Walz2022-09-02 10:00 PT