Johnson Matthey to exit battery materials business; increased commoditization, lower returns
Green Car Congress
NOVEMBER 11, 2021
Wh/kg cell energy density for a total 47kWh capacity, and an electrical output of 585 volts. The first facility in Poland is under construction and is to be completed in 2022, for commercial production in 2024. JM’s Board has therefore decided to pursue the sale of all or parts of this business with the ultimate intention of exiting.
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