Volkswagen, Umicore venture picks Poland for first car battery parts plant
© Reuters. FILE PHOTO: Volkswagen vehicle is parked during a news conference to announce details on the construction of a gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE in St. Thomas, Ontario, Canada April 21, 20)'s PowerCo and Belgian materials firm Umicore has chosen Poland as the site for its first factory, PowerCo said on Saturday.
The Polish government is providing 350 million euros in cash grants for the investment in the southwestern town of Nysa that would create around 900 jobs, it said.
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