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The Auto Industry Chip Shortage Has Become A Chip Surplus

Plus, EV charging takes too long, and Volkswagen may have new tech to improve the longevity of car batteries ....

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Powerco sees success in committing to diversity and inclusion

'We've been really pleased to see how our people come together and celebrate their differences,' says head of people and culture ....

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New European battery materials player IONWAY locates first production plant in Nysa, Poland

New European battery materials player IONWAY locates first production plant in Nysa, Poland
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Volkswagen Umicore Car Battery Plant: Volkswagen, Umicore venture picks Poland for first car battery parts plant, ET Auto

Volkswagen Umicore Car Battery Plant: The Polish government is providing 350 million euros (USD 371 million) in cash grants for the investment in the southwestern town of Nysa that would create around 900 jobs, it said. ....

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USD 1 bn metals SPAC deal backed by Glencore, automakers collapses, ET Auto

In June, global miner Glencore, Chrysler parent Stellantis and Volkswagen s battery unit PowerCo agreed to back the deal through an equity investment. It was expected to close in August. ....

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