Search Results Found For: "recycling "

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 »

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 »

Report: EVs will drive demand for nickel sulfate over the next decade

In a newly-released report on the nickel sulfate industry, Roskill forecasts that the expanding EV industry will become the key driver of growth in nickel demand. In the past, the market for nickel sulfate was largely driven by the plating industry and non-Li-ion battery applications, such as NiMH and NiCd batteries, but year-over-year growth in… 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 »

New research: Using ionic liquids to recycle neodymium magnets

Researchers have demonstrated the use of ionic liquids for recycling bonded neodymium (NdFeB) permanent magnets—-the type often used in EV motors. Their work, which could ease the strain on rare earth materials, is published in the open-access journal Green Chemistry.  “Ionic liquids (ILs) are known to be excellent green solvents for many types of synthetic… Read more »

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