Mercedes-Benz AG will source carbon-neutral lithium hydroxide to build batteries for electric vehicles from a Vancouver-based mining startup.
Starting in 2026, the agreement with Rock Tech Lithium will provide Mercedes-Benz AG with an average of 10,000 tons of battery-grade lithium hydroxide per year — enough for around 150,000 electric vehicles. Mercedes-Benz, which sells about two million vehicles worldwide annually, plans to go all-electric by the end of the decade.
Automakers worldwide are scrambling to secure the lithium supply required to produce enough electric vehicles to meet th
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