Stellantis secures lithium supply for North American EVs

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The Detroit News

Jeep maker Stellantis NV has signed a binding agreement with a lithium hydroxide supplier to provide the mineral for North American electrified vehicle production, the automaker said on Thursday, just as its CEO warns about possible battery shortages in the future. Australia-based Controlled Thermal Resources Ltd. will supply up to almost 28,000 tons (25,000 metric tons) of lithium hydroxide per year over the 10-year term of the agreement from the Hell’s Kitchen Project in California’s Imperial County off the Salton Sea. It’s expected to begin producing in 2024. A single battery typically uses…

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