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...So that sounds great, but current recycling levels are pretty low. In the US, less than 5 per cent of used lithium ion batteries are recycled....
...A lack of strong leadership means suppliers need time to co-ordinate with each other and with customers, making battery manufacturers slower to set up new production lines, he said....
...As a materials engineering student at the prestigious Indian Institute of Technology Roorkee, Vishvakarma — now co-founder of battery recycling start-up Metastable Materials — was tasked by a professor with...
...“All the battery suppliers want to keep enjoying the liquid-type batteries, which they have now....
...The report stands in stark contrast to comments from carmakers, who warn that interest in battery cars among mainstream consumers is falling as they are put off by the vehicles’ higher prices as well as...
...The existing technology for recycling lithium-ion batteries is not operational at scale,” said Sarah Montgomery, co-founder and chief executive of Infyos, a battery supply chain technology company....
...Northvolt will also use the debt financing to fund its adjacent recycling plant, Revolt Ett, the first time a company outside Asia has placed such a facility next to battery manufacturing....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...But don’t write the market off, says the bank’s Philippe Houchois. From 2025, European carmakers must comply with new standards for average fleet CO₂ emissions....
...Meanwhile, 20 per cent, under the latest version of the proposal, must come from recycling within the EU. Battery metals recycling is a priority for the US government, too....
...Seto said the government was confident in appetite for nickel batteries, which have higher recycling potential and better performance than lithium iron phosphate batteries....
...The government will provide tax incentives, lower-rate loans and credit guarantees to help them secure minerals overseas and set up a recycling system....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...While the company does not disclose the market share of its energy storage business, which includes large battery packs for grid-level storage, it says it has provided batteries to more than 100 cities around...
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
...Tesla co-founder JB Straubel’s battery recycling start-up is in talks to raise $700mn in a deal that would value it at almost $5bn and help fund the company’s first major plant in Nevada....
...The joint venture will build two battery recycling plants in China – a pretreatment plant in Nanjing, where LGES already has battery production, and a post-processing plant in Quzhou to utilise Huayou Cobalt...
...seller of battery electric vehicles....
...China counts pure battery EVs and plug-in hybrids as “new energy vehicles”....
...In 2022, it sold one of those holdings, TES, a battery recycling group, to South Korea’s SK ecoplant for $1bn....
...Cobalt helps to stabilise lithium-ion batteries and avoid them catching fire, but the rapid uptake of electric car batteries free of cobalt and nickel in China has dimmed the demand growth forecasted for...
...This week’s trading update from world-leader Contemporary Amperex Technology Co. Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...Julia Marsh, Sway’s co-founder and chief executive, told me the business has deals with apparel companies Burton and JCrew....
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