Umicore is aware of the risks linked to the sourcing of cobalt. Infringement of human rights, child labor, environmental issues, and inadequate health and safety protection are reported in certain parts of the cobalt supply chain, particularly in…
Umicore’s Supervisory Board has appointed Mathias Miedreich to succeed Marc Grynberg as CEO of the Group in the 4th quarter of this year. Marc and Mathias will work together to ensure an optimal onboarding of Mathias and a smooth transition of…
All cars authorized for use must meet strict safety standards. Electric vehicles (EVs) are no exception. In 2010 the United Nations adopted Regulation 100. It ensures that vehicles with a high-voltage electric power train, such as hybrid and fully…
Today, the high purchase price (without incentives) is regarded by consumers as the main barrier to choosing a new electric vehicle (EV) over an internal combustion engine (ICE) vehicle of similar size. The purchase price, however, doesn’t give the…
Hydrogen is the future, not battery power.
Both types of mobility have their advantages and disadvantages. It will be a question of matching the technology with the application. In the short-to-medium term, battery vehicles will be the main…
Limited drive range, lack of charging infrastructure and long charging times dampen enthusiasm for electric vehicle (EVs). However, in all these areas significant improvements are expected in the coming years.
Between now and 2030 it is expected that the automotive industry will produce over 340 million electric vehicles (EVs) of all types, including hybrids – from two-wheelers and passenger cars to trucks and buses. This will boost demand for battery…
Clearly, a growing electric vehicle (EV) fleet will increase the electricity demand on power systems. But the total energy and peak power needed will not pose a problem, thanks to the adoption of smart grids and progressively increasing electricity…
Umicore has signed a multi-year strategic agreement with Samsung SDI for the supply of close to 80,000 metric tonnes of high-performance NMC (Nickel Manganese Cobalt) cathode materials starting in 2020.
Umicore inaugurated today its new production facility for fuel cell catalysts in SongDo Incheon City (Seoul area), Korea, close to Umicore’s technology development center for catalysts. The facility will support the growth of Hyundai Motors Group…
Umicore and LG Chem have concluded a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials to serve LG Chem’s needs out of Umicore plants in Poland, Korea and China. The supply agreement takes effect in 2020 and…