Tag Archives: Umicore

EIB Commits €350 Million to Umicore for EV Battery Materials Innovation and Recycling

(IN BRIEF) In a significant move to bolster Europe’s electric vehicle (EV) battery industry, the European Investment Bank (EIB) has entered a €350 million financing agreement with Umicore to support research, development, and innovation (RDI) in rechargeable battery materials technologies. … Read the full press release

Umicore and Volkswagen-Backed PowerCo Unveil IONWAY: A Game-Changing Battery Material Joint Venture

(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

Volkswagen’s PowerCo and Umicore receive regulatory clearance for European battery materials JV

(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