6K, a producer of engineered materials for lithium-ion batteries, has raised $102 million in the first of two Series D funding tranches. The round was led by Koch Strategic Platforms, an investment arm of fossil fuel giant Koch Industries, with participation by investors Energy Impact Partners, Albemarle, HG Ventures and others. 6K will use the… Read more »
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ATC Drivetrain acquires battery recycling and test equipment firm Treharne
Powertrain remanufacturer ATC Drivetrain has acquired the UK-based company Treharne Automotive Engineering and its group companies. Treharne and its group companies specialize in EV battery recycling as well as diagnostic and test equipment for powertrain systems. “ATC continues to build competencies that will support customers’ global needs in the EV and hybrid powertrain areas,” said… Read more »
Quebec invests $22.5 million in battery recycling firm Lithion
Battery recycling technology company Lithion has received $22.5 million in funding from the Quebec government. It will use the funding to develop its facilities in Quebec. Some will be invested in a battery dismantling and reprocessing plant the company expects to open in 2023, and some will finance engineering studies for the construction of a… Read more »
Argonne collaborates with NUMiX Materials on battery recycling and biofuel research
Researchers at the DOE’s Argonne National Laboratory have collaborated with sorbent development company NUMiX Materials to investigate the use of a process called capacitive deionization to recycle automotive batteries and produce biofuel. Capacitive deionization separates nickel, manganese and cobalt from other battery materials by relying on their electrical charges. According to Argonne Environmental Engineer Lauren… Read more »
Mercedes outlines battery recycling strategy, will open recycling plant in Germany in 2023
Mercedes-Benz has unveiled plans to expand its global battery recycling strategy. The automaker will build its own battery recycling plant in Kuppenheim, Germany, and plans to enlist partners for battery recycling in China and the US. “Mercedes-Benz is pursuing a maximum circular economy for all raw materials used,” said Board Member Jörg Burzer. “Sustainable battery… Read more »
EV Battery Recycling: UK’s Biggest Opportunity From Battery Waste Is To Feed Its Cathode Manufacturing Industry
Recovering battery materials is critical to making new batteries and can be produced at a lower carbon footprint than mined materials. Battery producers can build viable circular eco-systems to harness the manufacturing scrap to build new cells. Re-processing scrap from the scale-up of UK gigafactories could generate up to 20,000 tonnes of cathode active materials… Read more »
Umicore to introduce new generation of battery recycling tech
Materials technology and recycling company Umicore will introduce a new generation of its proprietary battery recycling technology in 2022, and has reached an agreement with Automotive Cells Company (ACC) to provide battery recycling services. Umicore says the new generation of its battery recycling technology recovers 95% of the cobalt, nickel and copper from batteries, as… Read more »
Redwood Materials collaborates with Ford and Volvo on battery recycling pilot
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has launched a battery recycling pilot in California that aims to “establish efficient, safe and effective recovery pathways for end-of-life hybrid and EV battery packs.” Ford and Volvo are the first automakers to directly support the program, but the company will accept all… 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 »