Volkswagen

PowerCo and Umicore get official “go” to start joint venture for EU battery materials production

Published By Volkswagen [English], Wed, Mar 22, 2023 6:00 PM



PowerCo and Umicore get official “go” to start joint venture for EU battery materials production


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.


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Consumption data:
ID. Buzz Pro - power consumption in kWh/100 km: combined 21.8 - 20.6 (WLTP); CO₂ emissions combined in g/km: 0. Efficiency class: A+++; WLTP range: 402 to 423 km; only consumption and emission values in accordance with WLTP and not in accordance with NEDC are available for the vehicle.
ID. Buzz Cargo - power consumption in kWh/100 km: combined 22.2 - 20.4 (WLTP); CO₂ emissions in g/km: combined 0. Efficiency class: A+++; WLTP range: 402 to 425 km; only consumption and emission values in accordance with WLTP and not in accordance with NEDC are available for the vehicle.

Press release distributed by Wire Association on behalf of Volkswagen, on Mar 22, 2023. For more information subscribe and follow Volkswagen



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