Johnson Matthey to exit battery materials business; increased commoditization, lower returns
Green Car Congress
NOVEMBER 11, 2021
Following a detailed review and ahead of reaching a number of critical investment milestones, the company has concluded that the potential returns from the Battery Materials business will not be adequate to justify further investment. Wh/kg cell energy density for a total 47kWh capacity, and an electrical output of 585 volts.
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