Poland solidifies role as major EV battery hub with Ionway’s latest investment

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Poland solidifies role as major EV battery hub with Ionway’s latest investment
Volkswagen plans to build a cathode active material production plant for electric vehicle (EV) batteries in Poland. The plant, a joint venture with Belgian materials firm Umicore, will be developed under the Ionway brand and is expected to create 900 jobs. The Polish government has offered Ionway €350m ($412m) in cash grants as part of a total investment of up to €1.7bn by the end of the decade.

Poland solidifies role as major EV battery hub with Ionway’s latest investment

2023-10-11 11:03

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