SQM Announces Long-Term Lithium Supply Agreement With Ford Motor Company To Secure The Supply Of High-Quality Lithium Products For Production Of Electric Vehicles
Portfolio Pulse from Benzinga Newsdesk
SQM and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for electric vehicle production. The agreement will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components for electric vehicle batteries.
May 22, 2023 | 2:17 pm
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Ford enters a long-term strategic agreement with SQM to secure the supply of high-quality lithium products for electric vehicle production, supporting its plans to expand its presence in the global electric mobility markets.
The agreement with SQM ensures a stable supply of high-quality lithium products for Ford's electric vehicle production, supporting its plans to expand its presence in the global electric mobility markets. This partnership will help Ford in its transition to electric vehicles and contribute to its growth in the EV market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SQM enters a long-term strategic agreement with Ford to supply high-quality lithium products for electric vehicle production, ensuring a stable demand for its lithium products.
The agreement with Ford ensures a stable demand for SQM's lithium products, which are essential components for electric vehicle batteries. This partnership will contribute to SQM's growth and expansion in the lithium market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100