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., Ltd. (GFL) registered in Jiangxi (China) have signed a memorandum of understanding on long-term lithium supplies for battery cells. Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Volkswagen is thus already securing a significant share of its lithium requirement for batteries.
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