Renault expects battery boom, strikes deal with lithium producer

The French car maker expects major growth in electric vehicles and has secured delivery of lithium for car batteries as of 2026.

Photo: Stephane Mahe/Reuters/Ritzau Scanpix

Renault and German-Australian company Vulcan Energy Resources have struck a deal on lithium supply, reports Reuters.

The latter company is set to provide 6,000-17,000 tonnes of lithium, used for things like electric vehicle (EV) batteries, per year to the French car manufacturer.

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