Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies
Green Car Congress
APRIL 5, 2019
The Volkswagen Group and Ganfeng Lithium Co., Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Over the next ten years the Volkswagen Group will be launching 70-plus new pure electric vehicles. The global lithium demand is expected to more than double by 2023.
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