Battery Recycling
CATL in talks to set up battery recycling operations in Europe
CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.
Volvo, CATL sign partnership on battery recycling and material reuse
Volvo will recycle retired batteries from its vehicles, leaving them to suppliers to dismantle and extract the metal materials, and CATL will use the recycled materials to produce new batteries that will be used in the production of new Volvo vehicles.
China recycles more waste power batteries in first 5 months than all of last year
China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.
China's power battery recycling market size projected to reach $4.1 billion by 2025
The amount of retired power batteries in China is going up year by year, with the scrap volume expected to exceed 18 GWh in 2021 and reach 91 GWh by 2025, according to TrendForce.
Tesla, Nio supplier CATL to build $5 billion recycling facility for used battery materials
The investment will be used to build a site to recycle used battery materials and produce materials including lithium iron phosphate.
Carmakers, including Geely and WM Motor, call for regulating flow of used EV batteries
Car companies including Geely, WM Motor, Hozon Auto and Leap Motor have joined with battery companies to issue a statement calling for regulating the flow of used electric vehicle batteries.
Explosion hits CATL's battery recycling subsidiary
An explosion at a battery recycling company under CATL, China's largest automotive lithium-ion battery maker, has slightly dampened Chinese investors' enthusiasm for the new energy sector.