Vulcan Energy signs binding battery-grade lithium offtake agreement with Volkswagen Group
Green Car Congress
DECEMBER 8, 2021
Vulcan Energy Resources ( earlier post ) has signed a binding lithium hydroxide offtake agreement with the Volkswagen Group. The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In Europe alone, the Group plans to establish six gigafactories with a total production capacity of 240 GWh by the end of the decade.