Tag: Recycling

Jul 29, 2021 - 01:46 pm

Redwood gathers $700 million in investment

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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Jul 22, 2021 - 03:12 pm

Daimler to exclusively introduce EV platforms from 2025

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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Jul 16, 2021 - 11:48 am

Li-Cycle to recycle batteries for Helbiz

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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Jun 30, 2021 - 02:24 pm

Renault plans to cover the entire BEV value chain

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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Bosch Amps Up

Jun 30, 2021 - 01:28 pm

Faraday Institution improves battery resource recovery

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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Jun 15, 2021 - 11:34 am

USA fronts $200 million in EV development funding

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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Jun 9, 2021 - 12:05 pm

Volkswagen invests another €500Mn in Northvolt

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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Jun 7, 2021 - 12:01 pm

USA to focus on domestic EV battery recycling

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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May 26, 2021 - 01:33 pm

InoBat & Rio Tinto to set up battery recycling in Serbia

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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May 15, 2021 - 03:25 pm

BMW expects sales to be 50% electric by 2030

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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Apr 29, 2021 - 01:37 pm

Kia & SK Innovation plan circular EV battery economy

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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Apr 27, 2021 - 12:55 pm

Tesla considers recycling facility in Shanghai

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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Apr 21, 2021 - 01:46 pm

Volvo to leverage recycling to cut costs

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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Apr 13, 2021 - 01:46 pm

JLR invests in battery recycling startup

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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Mar 23, 2021 - 01:49 pm

Gotion to construct battery recycling plant in Hefei

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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Mar 18, 2021 - 03:07 pm

Porsche demands sustainable battery cell production

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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Mar 18, 2021 - 02:54 pm

Renault joins recycling cooperation with Veolia and Solvay

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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Feb 11, 2021 - 02:15 pm

Hydrovolt constructing battery recycling plant

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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Jan 29, 2021 - 04:19 pm

VWGC commissions battery recycling pilot plant

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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Found on electrive.com
https://www.electrive.com/2021/07/29/redwood-gathers-700-million-in-investment/
29.07.2021 13:19