Mercedes, Stellantis in Talks to Back Serbia's Lithium Ambitions.

Mercedes-Benz and Stellantis are in talks with the Serbian government to invest in lithium-processing and electric vehicle (EV) battery production. This potential investment would support the development of what could become Europe's largest lithium mine. The carmakers, who are already partners in a battery joint venture, are considering developing processing and EV battery output in Serbia. The Serbian government has emphasized the importance of creating a broader lithium industry, rather than just exporting the raw material, in order to reduce the European Union's reliance on imports from Asia. [Extracted from the article]