VW and Mercedes: battery raw materials f • Table.Briefings

The two German car companies, VW and Mercedes, want to explore close cooperation with Canada to secure important raw materials for battery production. Yesterday, they signed letters of intent with the Canadian government in Toronto.

Lithium, cobalt, nickel, graphite: All these raw materials are components of batteries for EVs – and Canada is a paradise from Germany’s point of view: „The country has similar rich mineral resources as Russia – with the difference that it is a reliable democracy,“ said German Chancellor Olaf Scholz after he arrived in Montréal on Monday.

VW and Mercedes: battery raw materials from Canada

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