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The Latest Breaking News from Powerco

Is QuantumScape Ready to Charge up Your Portfolio?

QuantumScape’s (QS) solid-state lithium-metal battery technology is poised to capitalize on the booming EV industry, but the company has yet to introduce its technology. It incurred huge losses in the last reported quarter and will likely report significant expenses and losses in the upcoming quarters. So, should you consider QS…

StockNews.com

Rivian Is Winning Over Tesla Owners Tired Of Elon Musk's Antics

EV buyers tired of Tesla's plans and CEO Elon Musk's antics are finding solace in Rivian, an adventure focused start-up largely free of controversies.

InsideEVs

VW Promises No 'Noticeable Loss Of Range' With Solid-State Batteries

The German company conducted an endurance test on solid-state cells with very promising results.

Motor1

From analysis to the latest developments in health,
read the most diverse news in one place.

VW, PowerCo SE Will Build A 90 Gigawatt Battery Factory In Canada

PowerCo SE’s largest cell factory will be constructed in St. Thomas, Ontario, and create up to 3,000 jobs.

Motor1

Volkswagen To Become Global EV Battery Supplier, Invest In Mining

Interestingly, just last week VW Group's new CEO Oliver Blume noted that its EV partnership with Ford is "intensifying," and now we have more details about how.

InsideEVs

Volkswagen Breaks Ground On Its Second Battery Gigafactory In Europe

Volkswagen Group's PowerCo battery division estimates the Valencia battery gigafactory will start production in 2026 at an initial annual capacity of 40 GWh.

InsideEVs

Volkswagen to Build Its First EV Battery Plant in North America

Volkswagen is planning to building a cell manufacturing gigafactory in Canada as the German automaker looks to expand its footprint in North America.

The Street

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U.S. loses out to Canada for VW’s billion-dollar battery factory site

In a bid to narrow the wide gap with industry leader Tesla, Volkswagen is investing heavily into its battery-cell production around the world.

Fortune

Volkswagen Starts Search For Battery Cell Plant Sites In Canada

VW's CEO said Canada is one logical option for building a gigafactory in North America, thanks to high sustainability standards and ideal economic conditions.

InsideEVs

Volkswagen Group And Umicore Form Battery Materials Joint Venture

The JV's goal is to produce cathode material and precursors for 160 GWh cell capacity per year by 2030, enough to power about 2.2 million all-electric vehicles.

InsideEVs

Mercedes-Benz, Volkswagen Turn To Canada For Battery Production

The German brands aim to secure raw materials from Canada, and more.

Motor1

Volkswagen, Mercedes Sign Battery Materials Supply Deals With Canada

Mercedes-Benz intends to sign an agreement with the Rock Tech Lithium for an annual supply of up to 10,000 tonnes of lithium hydroxide from 2026 onwards.

InsideEVs

Benzinga Before The Bell: Donald Trump's Presidential Bid, Facebook Testing Multiple Profiles, UnitedHealth Q2 Earnings Growth And Other Top Financial Stories Friday, July 15

CNBC Augmented Supply Best Way To Balance Rising Oil Prices, Says OECD Chief

Benzinga

VW Breaks Ground On First Cell Plant, Shows Prismatic Unified Cell

Besides the Salzgitter plant announcement and prismatic unified cell unveiling, VW announced a new company called PowerCo to manage its global battery business.

InsideEVs

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