“Stellantis, the world's fourth-largest automaker with brands that include Jeep and Peugeot, has signed memorandums of understanding for lithium supply with geothermal brine projects in California and Germany, according to two sources.”
“Automakers across the globe have been jockeying for access to lithium, a key ingredient used to make electric vehicle (EV) batteries. They also want the metal to be produced with as little carbon footprint as possible.” ”The agreements are with privately held Controlled Thermal Resources (CTR) Ltd, which operates in California's Salton Sea about 160 miles (258 km) southeast of Los Angeles, and Vulcan Energy Resources Ltd, which operates in Germany's Black Forest area of southwestern Germany, according to the sources.”
