Volkswagen and PowerCo Make Strategic Investment in North American Lithium Company Patriot Battery Metals
The Volkswagen Group invests US$48 million to acquire 9.9 percent of Patriot’s issued and outstanding common shares. The binding offtake commitment covers the supply of 100,000 tonnes of spodumene concentrate per year for a period of 10 years as soon…
New EUR 1.7 Billion Electric Car Battery Plant To Open In Nysa Creating 900 Jobs
The robust health of Poland’s automotive industry has again been highlighted after it was announced that a company owned by Volkswagen had signed a EUR 1.7 billion deal to open a factory in Nysa.Set to create 900 jobs, the plant…
