(IN BRIEF) Volkswagen Group and PowerCo have partnered with Patriot Battery Metals to secure a long-term supply of lithium for EV battery production. Volkswagen is investing $48 million for a 9.9% equity stake in Patriot and has signed a 10-year … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged CANADA, EV Battery Production, Jörg Teichmann, Ken Brinsden, Lithium Supply, partnership, Patriot Battery Metals, PowerCo, sustainability, Thomas Schmall, Volkswagen Group
(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged battery, electric vehicle, Frank Blome, Jagdeep Singh, partnership, PowerCo, QuantumScape, sustainability, technology, USA, Volkswagen
(IN BRIEF) Umicore and Volkswagen Group-backed battery company PowerCo have officially launched their groundbreaking collaboration named IONWAY. This Brussels-based joint venture is focused on large-scale industrial production of CAM (Cathode Active Materials) and pCAM (Precursor Cathode Active Materials) in Europe, … Read the full press release
Posted in Automotive, Belgium, Business, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Achim Holzer, battery, cathode active materials, Frank Blome, IONWAY, Mathias Miedreich, partnership, PowerCo, sustainability, Thomas Jansseune, Umicore, Volkswagen
(IN BRIEF) His Majesty King Felipe VI of Spain held an audience with the Executive Committee of SEAT S.A., led by its President, Wayne Griffiths, at Palacio Albéniz in Barcelona. During the meeting, SEAT S.A. executives updated the King on … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Spain, Technology, Transportation & Logistics
Tagged electric mobility, Executive Committee, King Felipe VI, partnership, PowerCo, SEAT S.A., sustainability, Volkswagen Group, Wayne Griffiths
(IN BRIEF) Volkswagen Group’s CEO, Oliver Blume, announces substantial advancements in the company’s four core technology platforms during the IAA Mobility conference in Munich. The Group’s shift from traditional automaker to integrated mobility provider is marked by achievements in sustainable … Read the full press release
Posted in Automotive, Business, Germany, Marketing, Media, Technology, Transportation & Logistics
Tagged Audi Q6 e-tron, B2Bike, Bike Mobility Services, Business Bike, CARIAD, e-drive, e-mobility, electric vehicles, Europcar, IAA Mobility, integrated mobility, Lease A Bike, Mahindra, MEB, modular electric drive matrix, Modular Transverse Toolkit, MQB, Oliver Blume, PON, PowerCo, Premium Platform Electric, Scalable Systems Platform, sustainable all-electric mobility, sustainable mobility, The Volkswagen Group
(IN BRIEF) Volkswagen’s battery company, PowerCo SE, plans to build its largest gigafactory in St. Thomas, Ontario, Canada, with an annual production capacity of up to 90 GWh in the final expansion phase. The plant will be PowerCo’s second pillar … Read the full press release
(IN BRIEF) Volkswagen’s PowerCo and Umicore gain approval for European battery materials venture PowerCo, the Volkswagen Group’s battery company, and Belgian circular technology firm Umicore have secured regulatory approval for their joint venture to produce cathode active materials (CAM) and … Read the full press release
Posted in Automotive, Belgium, Business, Energy, Gas & Oil, Germany, Industrial, Management, News, Technology
Tagged battery, Belgium, cathode active materials (CAM), Germany, partnership, PowerCo, precursor materials (PCAM), technology, Umicore, Volkswagen
(IN BRIEF) PowerCo, a subsidiary of Volkswagen Group, has started building its second cell factory, called Gigafactory Valencia, in the Spanish region of Valencia. The cell factory is expected to start production in 2026 and will have an initial production … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Germany, Management, News
Tagged cell factory, Frank Blome, Germany, Gigafactory Valencia, King Felipe VI, Martorell, Pamplona, Pedro Sánchez, PERTE program, PowerCo, Thomas Schmall, Volkswagen, Ximo Puig
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