November 10, 2022: Li-Cycle and VinEs Power Options have shaped a global battery recycling partnership, the businesses introduced on November 3.
VinEs is a part of Vietnam’s Vingroup, which focuses on analysis, growth and manufacturing of superior batteries for mobility and power storage programs.
The businesses mentioned their partnership will deal with establishing a closed-loop battery provide chain for Vingroup’s companies – together with electrical automobile maker VinFast.
Canada-headquartered Li-Cycle mentioned on October 13 that it started business operations at its Alabama lithium ion battery recycling facility within the US – the corporate’s fourth plant.
Li-Cycle says the principle product of its services is black mass, together with lithium, cobalt and nickel, which the corporate says it should rework into battery-grade supplies within the first business North American ‘hub’ facility, established in Rochester. , New York and is scheduled to be commissioned subsequent 12 months.
VinFast and China’s Modern Amperex Know-how mentioned on October 31 that they agreed to increase their cooperation within the growth of battery programs for the EV market.
Pictured: Ajay Kochhar, co-founder and CEO, Li-Cycle and Pham Thuy Linh, CEO, VinES. Picture: Enterprise Wire
