Umicore has officially opened a carbon neutral production facility for cathode active materials for electric vehicles in Nysa, Poland.

According to the company, its annual production capacity is set to reach 20 GWh by the end of 2023 and 40 GWh in 2024, with the potential to rise to over 200 GWh, or 3 million electric vehicles, in the second half of the decade. Plans are for Umicore to reach a worldwide capacity of more than 400 GWh by 2030.

The plant is reportedly fully powered by renewable electricity from a nearby onshore wind farm. It currently employs about 240 people, which is expected to grow to 400 by the end of 2023.

“Umicore's carbon neutral facility here in Nysa is a true enabler and accelerator of the e-mobility transformation across the European Union,” said Mathias Miedreich, CEO of Umicore. “With this gigafactory, Umicore is leading the way in battery materials in Europe offering key ingredients for a responsible and sustainable value chain for electric transport.

Umicore next plans to construct a precursor and cathode active materials facility in Canada and expand its existing capacity in Asia.