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Umicore Delays $2 Billion Ontario Plant as EV Demand Slows

Umicore SA delayed plans for its C$2.8 billion ($2 billion) Ontario electric vehicle battery materials plant as consumer adoption falls short of expectations.


  • Jul 26 2024
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Umicore Delays $2 Billion Ontario Plant as EV Demand Slows
Umicore Delays $2 Billion Ontario Plant as EV Demand Slows
(Bloomberg) — Umicore SA delayed plans for its C$2.8 billion ($2 billion) Ontario electric vehicle battery materials plant as consumer adoption falls short of expectations. Read More

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