Korea’s first EV battery recycling centre on Jeju island

A new recycling centre for batteries from electric cars will open on Jeju island, Korea. They broke ground for the 14.5 million euro facility at Jeju Technopark. Recycling as well as research and testing operations are set to start in 2020.

Supported by the Ministry of Trade, Industry and Energy, the project is expected to cost a total of 18.9 billion won (14.5M euros). Funding comes through the central government in Seoul, local government and the private sector.

The recycling center will cover an area of 2,458 square meters and will be three stories tall. The facility will include a space for checking batteries and a separate research lab.

The project is a partnership between the Korea Battery Industry Association, the Korea Automotive Technology Institute and Jeju National University. Together they are to work out a standard for batteries depending on their applications.

The government of Jeju says operations will begin in 2020, with equipment and researchers starting to move in from December 2019.

koreabizwire.com

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