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Car giant Stellantis injects €50m into lithium start-up in boost for EV plans

Michael Holder

Michael Holder

24 June 2022 • 2 min read

Credit: iStock

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Credit: iStock

Dutch carmaker behind brands such as Fiat, Chrysler, and Vauxhall invests in Vulcan, which aims to extract lithium in Germany without using fossil fuels

Automotive giant Stellantis has announced a major €50m equity investment in battery metals start-up Vulcan Energy Resources, while extending its existing lithium offtake agreement with the Australian start-up...

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