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Automakers

VW, Umicore $3B battery parts company to be called Ionway

VW battery production Salzgitter web.jpg
VW battery production is pictured in Salzgitter, Germany.
R
By:
Reuters
October 06, 2023 11:10 AM

BERLIN -- The $2.9 billion battery parts joint venture between Volkswagen Group's PowerCo and Belgian materials firm Umicore will be called Ionway.

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