awl8y08JEE$ Volkswagen’s PowerCo forms new partnership to produce battery materials for 2.2M EVs 
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Volkswagen’s new battery company, PowerCo, announced Monday that it would be forming a joint venture with Umicore to produce battery materials for around 2.2 million EVs. The new joint venture is a significant milestone, establishing one of the first fully integrated auto supply chains as VW looks to ramp up EV sales.

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