The battery recycling start-up Redwood Materials, founded by ex-Tesla CTO JB Straubel, has raised more than 700 million US dollars from a group of strategic investors. The money is to be used to finance expansion.
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The Spanish companies Irizar and Iberdrola want to work together on the electrification of urban bus fleets, the necessary charging infrastructure and the recycling and reuse of electric bus batteries. To this end, both sides have now signed a cooperation agreement.
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Daimler presented its updated plans for the upcoming switch to electric mobility at an investor day. The goal: Mercedes-Benz is preparing with new platforms and battery factories to become fully electric before the end of the decade – with one caveat.
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The Canadian recycling company Li-Cycle and the Italian-American micromobility provider Helbiz announce their intention to jointly develop recycling solutions for spent lithium-ion batteries from e-scooters and e-bikes. The collaboration is expected to result in a recycling cooperation.
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Technology company The Mobility House has commercialised electric car battery storage for the first time in France’s electricity market. The storage is composed of first and second-life batteries, as used in the Renault Zoe.
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Renault is accelerating its electric strategy and has presented a comprehensive strategy package under the name ‘Renault Eways Electropop’. This not only includes new sales targets, but also further details on the French company’s platform and technology strategy.
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Researchers working on the UK Faraday Institution project on the recycling of lithium-ion batteries (ReLiB) at the Universities of Leicester and Birmingham have solved a critical challenge in the recovery of materials used in EV batteries at the end of their life.
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The US Department of Energy has announced it will provide $200 million over five years for electric vehicle, battery and connected vehicle projects at its 17 national labs, as well as for new partnerships to support electric car innovation.
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The Biden administration has now announced a series of immediate measures it will take to make the USA more competitive in the battery sector. Additionally, a loan program was set up providing $17 billion to improve EV manufacturing capacities.
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Volkswagen is investing another 620 million dollars, or about half a billion euros, in its battery cell partner Northvolt. The funding is part of a $2.75 billion private placement that the Swedish company announced today alongside news on production capacity increases.
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The US government is wrapping up a 100-day review of the country’s supply chains in key areas such as e-mobility this week. The White House is presented with reports from several federal agencies, which could be released soon. So far, everything points to increasing battery recycling capacity across the US.
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Engineering specialist IAV has developed a battery concept that is said to be significantly easier to recycle than existing battery systems and, on top of that, to have a considerably better CO2 balance.
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Stelco and Primobius have agreed to build a facility to recover and recycle metals from lithium-ion batteries. Stelco is a Canadian steel company and Primobius is a joint venture founded by the Australian company Neometals and the German SMS Group.
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The South Korean steel company Posco wants to set up a recycling business for lithium-ion batteries from electric cars together with the Chinese company Huayou Cobalt. The partners have already established a 65:35 joint venture called Posco Hy Clean Metal.
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The Slovakian battery company InoBat wants to build a value chain for the production and recycling of electric car batteries in Serbia together with the mining group Rio Tinto. However, one important point is still open: The investment decision in the mine in Serbia.
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At its Annual General Meeting, the BMW Group announced its intention to avoid the emission of more than 200 million tonnes of CO2 by 2030. The German automaker said this will involve more cleaner drives, but also factors such as the production and recycling of vehicles.
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Ultium Cells, the battery cell joint venture between General Motors and LG Energy Solution, has partnered with Li-Cycle to recycle “up to 100 per cent” of material waste from battery cell manufacturing in the future.
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The British chemical company Johnson Matthey has concluded an agreement with Stena Recycling. The aim of the cooperation is to develop an efficient value chain in Europe for the recycling of lithium-ion batteries and battery cell materials.
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In South Korea, Kia Motors and SK Innovation have joined forces to build a circular economy for electric vehicle batteries. This involves the follow-up use of end-of-life electric car batteries as stationary energy storage units as well as the recycling of materials such as lithium, nickel and cobalt.
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Tesla is planning to expand its Gigafactory Shanghai with recycling facilities for electric car components, according to a media report. This will involve not only batteries, but also electric motors and other important components.
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Volvo Cars plan to develop recycling loops in a global initiative to reduce CO2 emissions and expenses. This involves recycling the high-voltage batteries from plug-in hybrids and electric cars, among other things.
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The Canadian recycling company Li-Cycle is building another recycling plant for electric car batteries in Arizona. It is the company’s second facility in the US and third overall.
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Jaguar Land Rover is among the investors in a new 20 million US dollar funding round for US start-up Battery Resourcers. The company is developing a special process that not only recovers the materials but also formulates new active material.
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Volkswagen’s Chinese battery partner Gotion High-Tech has announced plans to invest a total of 12 billion yuan (1.55 billion euros) in the construction of battery recycling and raw material production facilities for lithium batteries in the Chinese city of Hefei.
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Porsche wants to become CO2-neutral in balance sheet terms across the entire value chain by 2030, which also has implications for battery suppliers. For the planned CO2 neutrality, the sports car manufacturer wants to “not compensate, but avoid”.
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The Renault Group will cooperate with the waste disposal and recycling specialist Veolia and the chemical group Solvay in the development of a circular economy for metals from the spent batteries of electric vehicles. The three companies have presented a declaration of intent.
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Hyundai Canada has just announced that it has entered an agreement with Lithion Recycling for recovering and recycling batteries from some of its hybrid, plug-in hybrid and purely electric vehicles.
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Daimler is considering building a research facility for battery recycling on the site of the Daimler press plant in Kuppenheim, Germany, according to media reports. Daimler is also looking for a location for a later regular operation.
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Hydrovolt has started construction of a battery recycling plant in Fredrikstad, Norway. The newly founded joint venture between the Swedish battery manufacturer Northvolt and the Norwegian aluminium producer Norsk Hydro says the plant will be operational at the end of 2021.
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VW’s Group Components division has commissioned a pilot plant for recycling batteries in Salzgitter. With the plant, which is to be scalable to higher capacities, Volkswagen wants to recover valuable raw materials and use them in new batteries.
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