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Volkswagen bets on Umicore for the electric future

The Belgian material manufacturer Umicore will play a crucial role in the expansion of electric car production in Europe by the German automotive group Volkswagen. The two together invest € 3 billion in the production of battery materials.

The materials of the batteries – and in particular the cathodes – will produce 2.2 million electric cars by 2030: this is the goal of the new joint company of Umicore and the battery company of …

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