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12 Jan
15:13

Stellantis invests in French sodium-ion battery developer

Stellantis Venture, the French automaker’s venture fund, announced Friday it is investing in compatriot sodium-ion battery developer Tiamat. The start-up will use the undisclosed funds to build a sodium-ion battery plant in France initially for power tools and stationary storage applications. The aim is to gradually scale-up output of second-generation products for battery electric vehicles (BEVs). Tiamat, a company created by the French National Centre fo…
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