The European Investment Bank (EIB) has granted a €125-million loan to Umicore, the Belgian-based global materials technology and recycling group, to finance part of a greenfield production facility for cathode materials in Poland. The cathode materials will be supplied to battery manufacturers of lithium-ion batteries that are primarily used in EVs. The EIB loan will… Read more »
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Clean Energy Trust invests in battery lifecycle SaaS company Renewance
Clean Energy Trust, a nonprofit that makes seed investments in clean-tech startups from the US Midwest, has announced an investment in Renewance, a provider of a software-as-a-service (SaaS) platform for battery lifecycle management. Renewance provides battery management solutions to the energy storage and EV industries. Services include: enabling clients with defective or end-of life batteries… Read more »
Cummins partners with UC San Diego on second-life battery development
Cummins has announced a multi-year partnership with the University of California San Diego and its battery validation lab to analyze viable business and technical approaches to effectively reuse and repurpose EV batteries. UC San Diego will perform accelerated testing and real-world application testing, and will develop an outdoor second-life demonstration system comprised of Cummins battery… Read more »
Fortum solution recycles 80% of Li-ion battery material
A new solution from Fortum, a Finnish clean-energy company, increases the amount of material in Li-ion batteries that can be recycled to more than 80%, according to the company. The current EU-mandated recycling rate is only 50% of the total weight of the battery. First the company makes the used batteries safe for mechanical treatment,… Read more »
VW and Northvolt form European Battery Union to advance EU battery research
VW and Swedish battery maker Northvolt will lead a new consortium, the European Battery Union (EBU), which aims to push battery research forward in Europe. Through the EBU, the partners plan to research the entire battery value stream – from raw materials through cell technology to recycling. The group’s prime objective is to accumulate broader… Read more »
Audi and Umicore test closed-loop process for recycling EV batteries
Audi and Umicore, a materials technology and recycling group, have successfully tested a closed-loop approach for recycling components of high-voltage batteries. The companies’ research has shown that 95 percent of raw materials contained in batteries – including cobalt, nickel, and copper – can be recovered and reused for new products. In a closed-loop recycling approach,… Read more »
BMW partners with Northvolt and Umicore to develop sustainable EV battery lifecycle
As EVs proliferate, there’s an increasing need to establish protocols for sustainably procuring battery cells. BMW plans to collaborate with battery maker Northvolt and materials specialist Umicore to develop a sustainable lifecycle for European EV batteries. From cell chemistry to usage to recycling, the project seeks to optimize every step of a battery’s lifecycle around… Read more »
UK’s Faraday Institution awards £42 million to four battery research consortia
The Faraday Institution, the UK’s independent national battery research institute, has announced up to £42 million ($58 million) in new government funding to four UK-based consortia to conduct research aimed at overcoming battery challenges. The topics for the four projects were chosen in consultation with industry, to ensure that the research is producing solutions that… Read more »
Recycling worn cathodes to make new batteries
As lithium-ion batteries proliferate, the question of what to do with them when they wear out is becoming a major environmental concern. Less than five percent of used batteries are recycled today. Nanoengineers at the University of California San Diego have developed an energy-efficient recycling process that restores used cathodes from spent batteries and makes… Read more »
Northvolt to build battery gigafactory in Sweden
Battery manufacturer Northvolt has announced a partnership with the two Swedish towns of Skellefteå and Västerås to establish a battery manufacturing facility. Skellefteå, part of a raw material and mining cluster in the north of Sweden, will be the location of Northvolt’s main production site, which will include material preparation, cell assembly and recycling. The… Read more »