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 »
Search Results Found For: "battery recycling"
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 »
EIB lends €125 million to Umicore for battery materials production in Poland
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 »
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 »
