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Umicore and Volkswagen Group-backed battery company PowerCo have announced the name and branding of their first-of-its kind cooperation. Their Brussels-headquartered joint venture for large-scale industrial production of CAM and pCAM in Europe will bear the name IONWAY. Both parents aim to grow IONWAY’s annual production capacity to 160 GWh p.a. by the end of the decade, corresponding to 2.2 m battery-electric vehicles.

IONWAY – name and logo in more detail
IONWAY – name and logo in more detail

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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