Volkswagen's PowerCo and Umicore form joint venture on precursor and cathode material for batteries - 26 septembrie 2022

De la TradeVille.ro wiki


Volkswagen's (DE.VOW3) battery unit PowerCo has formed a joint venture with Belgium's Umicore (BR.UMI) for the production of precursor and cathode material in Europe, jointly investing 3 billion euros ($2.89 billion), the companies said on Monday. 

Umicore will supply PowerCo's European battery cell factories from 2025 onwards, starting at Volkswagen's Salzgitter factory.


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