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 »
Search Results Found For: "battery recycling"
BASF consolidates business, will invest $5 billion in battery materials and recycling
BASF, a producer of cathode active materials (CAM), plans to consolidate some of its business into a new legal entity called BASF Automotive Catalysts and Recycling beginning in January of 2022. The company will also invest up to €4.5 billion ($5 billion) in battery materials and recycling. Based in New Jersey, the new entity will… Read more »
Johnson Matthey partners with OnTo Technology on battery production scrap recycling
Johnson Matthey has entered into an agreement with OnTo Technology, a developer of battery recycling methods, to scale up OnTo’s process for the direct recycling of lithium-ion battery scrap. OnTo’s patented Cathode Healing process restores the coating material to use in new battery production, and avoids energy-intensive refining processes. Jane Toogood, Chief Executive of Johnson… Read more »
Tesla says new recycling process recovers 92% of battery materials
Battery recycling will be a critical part of the future e-mobility ecosystem, as Tesla has understood from the beginning. The California carmaker has been working with various firms to recycle its end-of-life battery packs for several years. One of these is Tesla co-founder JB Straubel’s company, Redwood Materials, which is recycling scrap from Panasonic’s battery… Read more »
BASF to build battery prototype recycling plant in Schwarzheide, Germany
BASF will build a prototype battery recycling plant in Schwarzheide, Germany, at the site of its existing cathode active materials plant. The prototype recycling plant will allow for the development of operational procedures and optimization of technology to extract lithium, nickel, cobalt and manganese from end-of-life lithium-ion batteries as well as off-spec material from cell… Read more »
JB Straubel’s Redwood Materials inks recycling deal with Nissan’s battery supplier
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, has signed an agreement to recycle scrap and defective battery cells for Envision AESC, which manufactures batteries for the Nissan LEAF in Smyrna, Tennessee. Recycling batteries is not only environmentally sound, but it may soon become an economic necessity, as demand for… Read more »
Battery Passport monitors battery usage to facilitate second-life applications and recycling
Electra Commercial Vehicles is the latest EV-builder to sign up to the Battery Passport service, which will roll out on all the company’s new vehicles. Battery Passport is a real-time battery monitoring service that captures information on battery usage in real time, enabling alerts, reporting and a detailed history. It is designed to help vehicle… Read more »
China developing battery tracking system to manage recycling
As China evolves into a world leader in battery and EV production, the country’s Ministry of Industry and Information Technology has announced plans to develop a system to track the fabrication, sale and recycling of EV batteries. The new “traceability management platform” will cover the entire lifecycle of batteries from production to recycling, clarifying who… Read more »
recell.store launches index to track end-of-life EV battery values
recell.store, a UK online marketplace for used electric vehicle batteries and a subsidiary of Altilium, has launched the All Battery Index (ABI), a monthly benchmark that tracks the market value of end-of-life EV battery packs in the UK. The ABI aims to provide a standardized reference for second-life use and recycling, addressing the lack of… Read more »
Electrified Materials receives EPA permit for recycling batteries and rare earth magnets
Electrified Materials, a subsidiary of American Resources, has received a Resource Conservation and Recovery Act (RCRA) permit issued by the Environmental Protection Agency (EPA) and the Indiana Department of Environmental Management (IDEM). Electrified Materials recycles end-of-life and non-spec lithium-ion batteries and rare earth magnet materials from products such as wind turbines, EV motors, consumer electronics… Read more »
