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

SQM Lithium Ventures has invested AU$3.6M (US$2.2M) in Kite Magnetics to advance Aeroperm®, a revolutionary nanocrystalline magnetic material designed to enhance the efficiency of electric motors and generators.

SQM Lithium Ventures invests US$3 million in Terraline, the developer of a zero-emission, long-haul battery-electric truck.

SQM Lithium Ventures will invest up to US$2 million in Movener, a Chilean startup founded in 2016 that has developed a conversion technology to transform combustion-engine trucks into hybrid-electrics.

SQM Lithium Ventures invest $1.27 million in Salinity Solutions to fund the next stage of the company’s growth.

SQM Lithium Ventures invests a further US$9.43 million in Altilium, a UK-based technology company that focuses on decarbonization of automotive supply chains.