Stellantis (STLA) Invests in Tiamat for Low-Cost Battery

The corporate venture fund of Stellantis N.V. (STLA) , Stellantis Venture, announced a strategic investment in Tiamat, which designs, develops and manufactures sodium-ion batteries for mobility and stationary energy storage.The sodium-ion battery has a lower cost per kilowatt-hour and is free of lithium and cobalt. Sodium is available in abundance and increases sustainability and material sovereignty.Tiamat was honored with a Stellantis Ventures Award in 2023. It is the first company in the world to commerc ...