Umicore

Volkswagen’s PowerCo creates cathode active material plant for EV batteries

 Volkswagen's battery company, PowerCo, entered into a joint venture with Umicore to create Ionway, a battery material production company.  Ionway…

Volkswagen secures battery materials to produce cells for ~2.2 million EVs annually by 2030

Volkswagen and Umicore announced a joint venture earlier this week. VW clarified that the collaboration with Umicore secures enough battery…