The Swedish company Stena Recycling has announced that it will invest 250 million kronor (about 24.5 million euros) in a new battery recycling process. Among other things, the money will be used to build a new plant in Halmstad.
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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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Volvo Buses is providing the batteries from its electric buses with a second life as stationary storage on a large scale. Following individual pilot projects, Volvo Buses has now concluded an agreement with Batteryloop, that covers all batteries for the manufacturer’s electric buses worldwide.
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Volvo Buses aims to give its e-bus batteries a second life. In cooperation with Stena Property and Stena Recycling, the company will use its electric bus batteries as stationary energy storage in the Fyrklövern complex in Gothenburg.
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