Post by
Goodtoreadthis1 on Sep 04, 2022 10:02pm
VW and Mercedes do deals
Volkswagen started producing an electric S.U.V. at an existing plant in Chattanooga, Tenn., in July. The company is also trying to stake out supplies of raw materials. This week, Volkswagen and Mercedes-Benz announced agreements with the Canadian government to get access to lithium, nickel and other crucial metals and minerals used in batteries. Canada has abundant reserves of these materials, though most mines are still in the development stage.
Comment by
tinker901 on Sep 05, 2022 7:06am
From your latest post, ( cut throats ) it looks like VW could invest indirectly in lithium mines through "PowerCo" that is a subsiduary of theirs.