VW boosts Europe battery supply chain with Umicore cathode JV

Volkswagen (VW) has agreed to form a joint venture with Umicore to produce cathode materials for its electric vehicles, in a deal that would double Europe’s planned production capacity by 2030. The German automaker said the JV would start producing enough material for 20 gigawatt-hours (GWh) of batteries in 2025, scaling up to 160 GWh […]