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SQMi Lithium Ventures Invests in E-Transport

SQM Lithium Ventures has announced an investment in Vok Bikes, an Estonia-based startup developing next-generation electric cargo bikes.

The electric vehicle industry in Europe has grown by 20% in the last two years. This market will continue growing due in large part to the EU’s efforts to reach carbon neutrality. Vok Bikes is a leader in the rapidly growing e-bike sector, which has grown by 40% in the past two years.

As part of our aim to leading the way in lithium, we invest in opportunities that will help us understand the different parts of the lithium value chain. Our investment will help Vok Bikes scale production, accelerate global expansion and continue innovating in the electromobility industry, providing us valuable information on the growth of the market.

At SQMi, we are committed to playing a key role in the global lithium industry. Supporting Vok Bikes aligns with our aim to empower the world to embrace clean energy.

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