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01/23/19
Wolfsburg/Louisville (USA)
Volkswagen Group News

Volkswagen invests in US start-up Forge Nano

  • Volkswagen Group invests US$10 million in US startup “Forge Nano Inc.“
  • Forge Nano is investigating innovative coatings for battery materials

The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a partner, Volkswagen will provide support for industrial trials of this technology. The transaction is still subject to approval by the authorities.

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