April 13, 2023: Vietnam’s Vingroup and Canada’s Li-Cycle are assessing proposals to construct a lithium ion recycling plant in Vietnam, the businesses revealed on April 12.
The plant can be constructed close to battery manufacturing amenities operated by Vingroup’s VinES Vitality Options subsidiary, below an settlement the place Li-Cycle can be VinES’ most popular recycling associate for battery supplies sourced from Vietnam from 2024.
The transfer comes 5 months after the businesses agreed to type a world battery recycling partnership.
Certainly, on April 10, VinES mentioned it was becoming a member of forces with Turkey’s Altinay Elektromobilite to supply superior batteries as a part of a full-service enterprise for the power storage and mobility methods market. in Turkey.
The overall supervisor of Altinay, Mert Uygun, mentioned that the companions are additionally geared toward attracting funding from the home power sector.
VinES will provide expertise, system design, manufacturing and verification of ESS models, whereas Altinay will lead gross sales and advertising and marketing in addition to after-sales companies within the Turkish market, Uygun mentioned.
Altinay may even draw by itself expertise in designing and constructing lithium-based power storage methods and battery packs over the previous 12 years, Uygun mentioned.
Journal of Vitality Storage It was reported in November that Vingroup auto subsidiary VinFast agreed to broaden cooperation with China’s Up to date Amperex Know-how to develop battery methods for the EV market.