BMW Group has begun road-testing a BMW i7 equipped with large-format solid-state battery (SSB) cells developed by Solid Power, Inc.. These cells feature Umicore’s proprietary cathode active materials (CAM), developed under a joint development…
Umicore performed strongly in the first quarter of the year, demonstrating the quality of its foundation businesses as well as the impact of ongoing efficiency improvements across the Group, which are well on track.
Umicore recently inaugurated its second pCAM mass production line at its plant in Kokkola. pCAM stands for precursor cathode active materials and is a critical component in the production of electric vehicle (EV) batteries.
Today at its Capital Markets Day, Umicore CEO Bart Sap and the Executive Leadership Team will present the key outcomes of the Battery Materials strategy review and Umicore’s roadmap to 2028.
In 2024, a number of headwinds impacted Umicore’s overall performance and strategy execution. In light of slower-than-expected growth in demand for electric vehicles and declining metal prices, Umicore has been taking steps to reassess its growth…
Umicore announces the appointment of Karena Cancilleri as Executive Vice President of its Battery Materials Business Group and member of the Management Board, starting on April 1st 2025.
As part of the strategic review of its Battery Materials business Umicore has decided to continue to pause construction of its battery materials plant in Loyalist, Ontario, Canada.
Umicore announces changes to its Management Board in Recycling, Battery Materials, Specialty Materials and Group’s Environment, Health, and Safety department.