The European Commission has approved a second Important Project of Common European Interest (IPCEI) to support innovation throughout the battery value chain. The European Battery Innovation project calls for 12 member states—Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden—to provide up to €2.9 billion in funding in the coming years…. Read more »
Search Results Found For: "battery recycling"
Octillion debuts new EV battery leasing plan
Octillion Power Systems has announced a new demo program that allows fleet customers to lease batteries when they purchase vehicles. Under the program, participating fleet operators will be allowed to source batteries through a five-year lease-to-own program, with no up-front payment. “The program is designed to ensure that fleets feel prepared to make the switch… Read more »
Indonesia to form EV battery joint venture
A group of state-owned companies in Indonesia will form a joint venture to produce Li-ion batteries. Partners in the new Indonesia Battery Holding joint venture include two mining firms: Mining Industry Indonesia (MIND) and PT Aneka Tambang; as well as state power utility Perusahan Listrik Negara (PLN), and state oil company Pertamina. Indonesia Battery Holding… Read more »
Li-Cycle recovers usable battery-grade materials from shredded Li-ion batteries
Q&A with CEO Ajay Kochhar It’s usually one of the first objections cited by EV naysayers: batteries can’t or won’t be recycled, and they contain hazardous materials that will end up in landfills. In fact, no such sinister scenario is likely—most of the components of Li-ion batteries are valuable, and it’s quite feasible, technically and economically,… Read more »
Mercedes and CATL team up on future battery technology
Mercedes-Benz and Contemporary Amperex Technology (CATL) are collaborating to create new battery technology for the high-volume electrification of Mercedes vehicles. The carmaker is accelerating its Electric First strategy, and plans to use carbon-neutral battery cells, modules and systems supplied by CATL. The agreement covers the full range of battery technologies, from cells to modules for… Read more »
Eco-friendly factors redefine EV battery manufacturing
Sponsored by Nordson SEALANT EQUIPMENT As businesses and consumers evolve in 2020, the world is left wondering how their footprint impacts the Earth as a whole. Every day businesses are implementing eco-friendly habits. Whether it’s recycling paper waste, encouraging the use of a water fountain or even purchasing energy efficient lighting, the way businesses operate… Read more »
Octillion Power Systems debuts new EV battery-leasing plan
Octillion Power Systems, a Tier 1 supplier of EV energy storage systems, has announced a new demonstrator battery-leasing program for fleet customers. Under the program, participating fleet operators will be allowed to source batteries through a five-year lease-to-own program, with no up-front payment. The goal of the demonstration program is to collect data on battery… Read more »
UN highlights social and environmental impacts of surging demand for battery raw materials
Demand for raw materials used in the production of EV batteries is expected to soar, and the UN trade body, UNCTAD, says the industry urgently needs to address the social and environmental impacts of the extraction of raw materials. UNCTAD predicts that the market for EV batteries will grow from an estimated $7 billion to… Read more »
Northvolt to supply €2 billion worth of green battery cells to BMW
The BMW Group has signed a long-term battery cell supply contract worth 2 billion euros with Swedish supplier Northvolt. The cells will be produced beginning in 2024 at the Northvolt Ett gigafactory, which is currently under construction in Skellefteå in northern Sweden. Northvolt Ett in Sweden is to go on line in 2021 with an… Read more »
Recovering usable battery-grade materials from shredded Li-ion cells (Free Webcast)
It’s usually one of the first objections cited by EV naysayers: batteries can’t or won’t be recycled, and they contain hazardous materials that will end up in landfills. In fact, no such sinister scenario is likely—most of the components of Li-ion batteries are valuable, and it’s quite feasible, technically and economically, to recycle them. Several… Read more »