If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

Toyota invests in lithium producer Orocobre

Mon, 02/19/2018 - 11:47 -- Xuan Zhong
Toyota invests in lithium producer Orocobre

Japanese car giant Toyota has confirmed plans to acquire a 15% stake in Australian-based lithium mining company Orocobre with an estimated investment of AUD292 million ($229m).

The move will help secure stable supplies of a key mineral for future electric vehicle batteries to meet anticipated market demand, Toyota said.


The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.