Stellantis to acquire a 8% stake in Vulcan Energy Resources for $52m.

Stellantis, an automotive manufacturing corporation, agreed to acquire a 8% stake in Vulcan Energy Resources, an energy metals exploration company, for $52m. “Making this highly strategic investment in a leading lithium company will help us create a resilient and sustainable value chain for our European electric vehicle battery production. We continue our quest of forming strong relationships with partners who share our values as we collectively fight against global warming and provide clean, safe and affordable mobility to our customers,” Carlos Tavares, Stellantis CEO.