Cabot has announced a multi-year supply agreement with PowerCo SE, a Volkswagen Group battery manufacturing subsidiary. Under the deal, Cabot will supply conductive carbons and conductive dispersions for lithium-ion EV battery electrodes, positioning the agreement as part of Cabot’s growth push in battery materials. Cabot says its conductive carbons and dispersions are designed to increase… Read more »
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QuantumScape and PowerCo demonstrate solid-state EV batteries in Ducati electric motorcycle
Solid-state battery pioneer QuantumScape (QS) and PowerCo, the battery division of the Volkswagen Group, demonstrated QS solid-state lithium-metal batteries powering a Ducati electric motorcycle at the recent IAA Mobility show in Munich. This was the first time QS has showcased its solid-state cells in a real-world vehicle. The battery system used in the e-motorcycle was… Read more »
QuantumScape and PowerCo expand solid-state battery collaboration
QuantumScape, which is developing solid-state lithium battery technology, is expanding its strategic collaboration and licensing arrangement with Volkswagen subsidiary PowerCo. The companies originally partnered in July 2024. The updated agreement is designed to accelerate QuantumScape’s QSE-5 battery development pilot line in San Jose, a step forward in the industrialization of its solid-state battery technology. Under… Read more »
Volkswagen invests C$69 million in Patriot Battery Metals for PowerCo supply
German automaker Volkswagen is investing C$69 million ($48 million) to acquire a 9.9% stake in lithium exploration company Patriot Battery Metals and secure an offtake commitment for its battery manufacturer PowerCo to supply 100,000 tonnes of spodumene concentrate per year over a 10-year term and a potential 5-year extension period. Patriot will use the proceeds from… Read more »
NOVONIX signs offtake deal to supply battery materials to Volkswagen’s PowerCo
Battery materials and technology company NOVONIX has signed a binding offtake agreement with PowerCo for a minimum of 32,000 tonnes of synthetic graphite material over a five-year term starting in 2027. German automaker Volkswagen established PowerCo in 2022 to ramp up its global battery cell production. PowerCo oversees international factory operations, advances in cell technology… Read more »
VW’s PowerCo to help produce QuantumScape solid-state battery cells
Volkswagen’s battery company PowerCo SE and US solid-state lithium metal battery developer QuantumScape have agreed to industrialize QuantumScape’s technology. QuantumScape’s platform is based on its solid-state ceramic separator, which enables the use of a pure lithium metal anode. Once certain technical milestones and royalty payments have been reached, QuantumScape will grant PowerCo a non-exclusive license… Read more »
PowerCo says its new cell production procedure saves huge amounts of energy and floor space
Volkswagen Group-owned battery manufacturer PowerCo SE plans to introduce a new battery cell manufacturing method in its plants in Europe and North America. PowerCo predicts that its new Dry Coating procedure may save 30% of energy consumption and 15% of floor area, saving hundreds of millions of euros annually. According to a Joint Development Agreement,… Read more »
Volkswagen and Powerco SE to build their largest cell factory in Canada
The Volkswagen Group’s battery company PowerCO SE plans to build its largest gigafactory in St. Thomas, Ontario, Canada. This is the first cell factory in North America for VW. The company said its goal is to produce up to 90 gigawatt-hours of battery capacity per year. The planned investment is upwards of 4.8 billion euros…. Read more »
Volkswagen and PowerCo SE to search for a battery cell factory site in Canada
The Volkswagen Group and its recently founded battery company PowerCo SE intend to rapidly expand their global battery business to North America. To that end, Volkswagen and the Canadian government have signed a Memorandum of Understanding to identify suitable sites for a battery cell factory in Canada. The two parties will continue their cooperation in… Read more »
Donut Lab says its all-solid-state battery will be used in a production electric motorcycle this year
Solid-state batteries are a hot topic in the EV world—they theoretically off higher energy density compared to traditional lithium-ion batteries, as well as an improved safety profile and other advantages. Many, many companies are working on SSBs, and automakers are testing them, but we haven’t yet seen large-scale deployment of all-solid-state cells in a production… Read more »