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Volkswagen Invests in Patriot Battery Metals to Power the EV Revolution

Volkswagen Group, a global leader in automotive innovation, has recently made headlines by acquiring a 9.9% equity stake in Canadian lithium developer Patriot Battery Metals. This US$48 million investment marks a critical step in Volkswagen’s electric vehicle (EV) strategy as the automaker secures access to key lithium supplies for its battery production facilities. With environmentally sustainable energy solutions gaining traction worldwide, Volkswagen’s move underscores the growing importance of lithium in powering the EV revolution.

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