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PowerCo, the new battery company of the Volkswagen Group, and Belgian circular technology group Umicore have obtained full regulatory approvals for their joint venture announced in September 2022. The partners can now swiftly proceed to prepare for large-scale industrial production of cathode active materials (CAM) and precursor materials (PCAM) in Europe.

Media contacts

Dr. Stefan Ernst
Spokesperson Battery | Volkswagen Group Technology
Tel. +49 (0) 5361 / 9-960976
Marjolein Scheers
Marjolein Scheers
Umicore | Director External Relations
Tel. +32 2 227 71 47