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Lithium Extraction Company Vulcan Adds VW to Customer Line-Up | Investing News

FRANKFURT (Reuters) – Lithium developer Vulcan Energy Resources has secured Volkswagen as an additional car industry customer for its environmental-friendly lithium hydroxide for automotive batteries.

The binding purchase agreement with Volkswagen for lithium extracted from Germany’s Upper Rhine Valley region by means of geothermal energy has an initial term of five years with commercial delivery to start in 2026, Vulcan said in a statement on Wednesday, without providing contract details.

German-Australian company Vulcan last month signed a preliminary lithium supply deal with carmaker Stellantis, shortly after agreeing a similar deal with rival Renault amid a surge in demand for electric vehicles.

Vulcan, which has supply agreements with Belgian recycling group Umicore and South Korea’s LG Chem, says its direct lithium extraction method uses less land, groundwater and energy than the most-common existing methods of open-pit mines and brine evaporation ponds.

Geothermal lithium from the Upper Rhine Valley along the French-German

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Intelligent Automotive Software Platform Company Eatron Raises $11M in Series-A funding to accelerate its global growth

Published: Nov. 19, 2021 at 6:06 AM EST|Updated: 15 hours ago

WARWICK, England, Nov. 19, 2021 /PRNewswire/ — Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software‘ platform for the edge and the cloud announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast.

Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for...
Eatron®, a fast-growing scale-up with its unique ‘intelligent automotive software’ platform for the edge and the cloud, announced that it raised $11M in its Series-A round led by MMC Ventures with participation from Aster Capital and Vinfast. Eatron, which is headquartered in the UK with a world-class R&D centre in Istanbul, has developed a unique software platform which is driving significant innovation in the continuous optimization of performance, efficiency and safety of software-defined electric vehicles.

Eatron has a long-standing collaboration in different projects with Vinfast to explore and accelerate deployment

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Automotive Crypto Company Carnomaly Honors Two Individuals’ Cancer Battles with Special Paint Design at NASCAR Race | News

PLANO, Texas, Oct. 2, 2021 /PRNewswire/ — Carnomaly (www.carnomaly.io), the world’s leading automotive crypto company announces they will be honoring two individuals and their journeys battling cancer for Breast Cancer Awareness Month in partnership with NASCAR Cup Series veteran Landon Cassill and Gaunt Brothers Racing (GBR) with a special paint design for the No. 96 Toyota Camry car. In addition to highlighting these incredible survivors journeys, Carnomaly will also be donating to one of the individual’s college fund.

On Sunday, October 3rd Carnomaly will highlight Trisha Fennell, the sister-in-law of Carnomaly founder and CEO Scott Heninger, and 12-year-old Avery Pacheco. Fennell is a two-time breast cancer survivor who was first diagnosed in October 2018 and Pacheco was diagnosed with acute lymphoblastic leukemia in August 2019. The car will feature pink and gold ribbons along both sides – pink for breast cancer

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15 cars that doomed the company










15 cars that doomed the company














Motoring Research team



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