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Energy Storage
Umicore-VW joint venture chooses Poland for cathode production
by Matt Blois
October 14, 2023
| A version of this story appeared in
Volume 101, Issue 34
Ionway, a joint venture between Umicore and the Volkswagen battery manufacturing subsidiary PowerCo, plans to build a $1.8 billion cathode material plant in Poland. The facility will be next to an existing Umicore cathode plant. The partners hope to achieve 160 GW h of annual battery material production—enough for 2.2 million car batteries—by the end of the decade. They also hope to build a plant for cathode precursors but haven’t announced a location.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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