Automobile

Stellantis Finalizes Major EV Battery Deal With Element 25


Stellantis has announced it has finalized a five-year agreement with Australian mining company Element 25 that will secure the supply of high-purity manganese sulfate monohydrate for electric vehicle batteries. The world’s third-largest automaker in terms of sales, owner of the Jeep, Ram, Dodge, Chrysler, Fiat, and Alfa Romeo brands, is now in a solid position to proceed with its EV plans just as rival automakers are preparing for major global demand for battery electrics in the coming years.

Manganese is a core stabilizing agreement in a battery’s cathode for nickel-cobalt chemistries. A total of 49,604 tons from Element 25’s operation in western Australia will get underway in 2026. The agreement also has the option to extend the supply and total volumes.


Checkout latest world news below links :
World News || Latest News || U.S. News

Source link

Back to top button