Mercedes-Benz Partners With Rock Tech Lithium To Ramp Up EV Production In Europe
Mercedes-Benz is taking the next step towards sustainable and localized electric vehicle production by partnering with Rock Tech Lithium Inc., a German-Canadian startup. This article discusses the key details of the deal between the two. According to Mercedes-Benz Group Media, the two companies have signed an agreement to supply high-grade lithium hydroxide refined in the new Rock Tech plant to Mercedes battery partners. This should be enough to cover the requirements of around 150,000 fully electric vehicles (EVs) of the German automaker. With the groundbreaking ceremony for the new converter plant in Guben, the luxury car company is moving towards greater vertical integration in drive technologies to achieve its electrification… Continue Reading »