Stellantis Secures Californian Lithium Supply | Carscoops carscoops
. With governments and manufacturers pushing for greater EV adoption, automakers have been scrambling to secure the supply of the precious raw materials needed to manufacture batteries.
However, Stellantis can seemingly afford to relax a little, as the company has secured a lithium supply from Controlled Thermal Resources Ltd . CTR operates in the , which was created after the Colorado River flooded in 1905. The 343-square-mile lake is home to huge geothermal deposits of lithium.to supply 60,000 tons of lithium.CTR will supply Stellantis with up to 25,000 metric tons per year of lithium hydroxide over the 10-year term of the agreement.
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