Volkswagen's battery company, in Umicore's words, and the prospective customer of a planned, non-exclusive supply agreement for battery materials from Umicore's planned plant in Ontario, Canada, which the two announced as a memorandum of understanding in December 2022 for PowerCo's North American production.
Sources support the description and the individual connections below. Publication and checking dates belong to the evidence: when it was published, and when this Hub last read it.
Reported means the cited source describes the relationship at its evidence date. Historical relationships refer to an earlier period. Announced agreements may not have been implemented. None of these labels confirms that trade continues today.
A planned, non-exclusive agreement, set out in a memorandum of understanding the two signed on 1 December 2022, that would make PowerCo an important customer for Umicore's planned battery-materials plant in Ontario, Canada, for PowerCo's North American production. Both sources are the parties'.
This planned, non-exclusive agreement, would make PowerCo an important customer for Umicore's planned battery materials production plant in Ontario, Canada
PowerCo SE and Belgian materials technology group Umicore are intensifying their existing cooperation