IONWAY manufactures cathode active materials (CAM) and precursors (pCAM) for EV batteries, emphasizing green energy usage and responsible raw material sourcing. Its state-of-the-art production processes integrate advanced technical specifications and stringent quality control, with future plans to incorporate refining and battery recycling for a closed-loop production cycle.
Cathode active materials (CAM) and cathode precursor materials (pCAM) designed to meet performance, cost, and environmental requirements for PowerCo’s European battery cell factories.
In 2024 IONWAY began construction of its first CAM production facility in Nysa, Poland, backed by €350 million in Polish government grants. The facility is projected to create 900 jobs by 2030, and a location for a future pCAM plant is under evaluation.
Founded and funded by PowerCo (Volkswagen Group) and Umicore with up to €1.7B investment through 2030, with additional project support from Polish government grants.
