Umicore and PowerCo explore long-term strategic supply agreement for EV battery materials in North America
Umicore and PowerCo, Volkswagen’s battery company, aim to extend their collaboration in battery materials and are exploring a strategic long-term supply agreement1 to serve PowerCo’s future battery Gigafactory for electric vehicles (EVs) in North America.
This planned, non-exclusive agreement, would make PowerCo an important customer...