Search Results Found For: "battery recycling"

Mercedes battery pack plant in Alabama will shorten supply chain, reduce emissions

Mercedes-Benz has opened a battery pack factory in Bibb County, Alabama, near a plant in Tuscaloosa where the company will soon be building its new EQE and EQS electric SUVs for the US market. The new plant will not be manufacturing cells, but rather assembling purchased cells into packs for the EQE and EQS. The… Read more »

Ascend Elements to recycle battery manufacturing scrap for SK Battery America

Battery recycling specialist Ascend Elements (formerly Battery Resourcers) has been selected by SK Battery America (SKBA) to recycle both cell and module battery manufacturing scrap from SKBA’s manufacturing facility in Commerce, Georgia. The scrap material will be recycled at Ascend Elements’ new 154,000-square-foot battery recycling facility in Covington, Georgia, which is designed to recover 98%… Read more »

DOE announces funding opportunities for US battery supply chain efforts

Based on funding from the Bipartisan Infrastructure Law, the DOE says it will provide $2.91 billion in the coming months to strengthen the US battery supply chain. The DOE says the funding will support new, retrofitted and expanded battery materials and cell recycling and production facilities. The funding will also contribute to research, development and… Read more »

Nth Cycle raises $12.5 million in Series A funding for cobalt and nickel recycling tech

Battery and metal recycling technology company Nth Cycle has raised $12.5 million in Series A funding, which it will use to deploy the first commercial units of its electro-extraction technology to recycling facilities in 2022 and to grow its technical and development staff. Nth Cycle’s electro-extraction technology uses electricity and carbon filters to recover cobalt… Read more »

Battery recycler Lithion raises $99 million, inks Korean licensing deal

Battery recycling technology company Lithion has raised 125 million Canadian dollars ($99 million US) in a Series A funding round, and has granted construction and manufacturing firm IS Dongseo the exclusive right to use its lithium-ion battery recycling technology in the South Korean market. Canada-based Lithion will use the funding on a separation plant, a… Read more »

Chinese battery-maker Gotion to establish US LFP cell production for…Tesla?

Chinese battery cell manufacturer Gotion High-Tech reports that it has agreed to supply 200 GWh of LFP battery cells to an unnamed “large US automaker” between 2023 and 2028. Initially, the cells will come from China, but the agreement also envisions establishing LFP battery cell production in the US. Gotion wrote in a filing on… Read more »

ZF and CATL partner to develop battery-related aftermarket services

German component maker ZF and Chinese battery supplier CATL have signed a partnership agreement to develop new aftermarket services. The agreement will include service networks, battery-related training, connectivity, recycling and reuse. ZF, which currently has more than 10,000 workshop partners in its global aftermarket, will be considered the preferred option in CATL’s service network expansion…. Read more »

Li-Cycle unveils plans for Hub facility, announces recycling agreement with LG

Li-Cycle has announced plans to build its first Hub facility near Rochester, New York. The company expects to process equivalent battery material to power approximately 225,000 EVs per year.  Li-Cycle (profiled in our July/August 2020 issue) uses a hub-and-spoke model for its recycling process. The New York Hub will be integrated with Li-Cycle’s existing network… Read more »

Volkswagen Group announces three major new battery initiatives

Automakers that are serious about producing EVs understand that they need to build new supply chains, including major battery manufacturing capacity and secure sources of raw materials. The Volkswagen Group has been steadily turning up the voltage, raising its planned investment in EV and self-driving technologies to 73 billion euros ($86 billion) over the next… Read more »