Umicore deal strengthens BMW’s localised battery supply chain

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BMW’s efforts to localise the electric vehicle supply chain in North America took a step forward this week, with the announcement of a new deal between Umicore and AESC

Umicore will supply AESC with battery materials from its new plant in Ontario, Canada from 2026 following a $1.27m investment. The deal tighten’s BMW’s localised battery supply chain in North America

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