News > German lithium plant hopes to turbo-charge Europe's EV makers

German lithium plant hopes to turbo-charge Europe's EV makers

The Economic Times | 15/11/2024 04:04 PM | Click to read full article

Europe's lithium battery sector is struggling to get established just as regional demand for electric vehicles has slowed. Vulcan Energy says its new pilot plant west of Frankfurt plans to soon produce lithium for batteries used by auto manufacturers including Volkswagen, Renault and Stellantis. Excess heat from the geothermal water source about two kilometres (over a mile) below the Rhine Valley will help heat homes in a local community.

-