Stellantis NV Strengthens Electric Vehicle Production in Europe
https://beststocks.com/stellantis-nv-strengthens-electric-vehicle-pr/
"This collaboration aims to secure the supply of lithium iron phosphate (LFP) battery cells and modules, which will power Stellantis’ battery electric vehicles and strengthen the battery value chain."
"By leveraging LFP technology, Stellantis expects to offer a range of electric vehicles in the B and C segments that are not only of high quality but also durable and affordable."
"In addition to the partnership with CATL, Stellantis has also secured binding agreements with other companies to ensure a steady supply of materials for electric vehicle batteries."
"Furthermore, Stellantis has entered into a lithium supply agreement with Vulcan Energy Resources Ltd., ensuring a reliable source of battery-grade lithium hydroxide for electrified vehicles in Europe."
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