Li-Cycle in battery recycling and R&D; partnership with Arrival
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Arrival's battery-powered 'Walk-in Van', designed for use in the urban parcel and package delivery sector. Photo: Arrival
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Canada-based lithium-ion battery recycler Li-Cycle today unveiled a battery recycling partnership with British-American electric vehicles manufacturer Arrival.
The collaboration will include R&D; to improve lithium-ion battery recycling and the efficiency of the EV battery supply chain in the US and Europe.
Under the partnership, Li-Cycle’s recycling tech will be used to convert end-of-life batteries from Arrival’s EV fleets in the US and Europe into battery-grade material - which the companies say could be used in the production of new batteries for new Arrival vehicles.
Arrival’s global VP of sustainability, Deepen Somaiya, said: "Ensuring end-to-end sustainability for electric vehicles is something we are very passionate about.”
"We see Li-Cycle’s cutting-edge, commercial lithium-ion recycling technology as an extension of that transformational approach.”
Li-Cycle uses a wet chemical process to recover 80-100% of all materials found in lithium-ion batteries, "while maintaining no wastewater discharge”.
The move came after Li-Cycle made its debut on the New York Stock Exchange, following its merger with special purpose acquisition company Peridot Acquisition Corp.
Last September, Li-Cycle secured a $100m (£74.5m) investment from a subsidiary of the Koch Investments Group, boosting the company’s plans to expand in North America, Europe and Asia.
The collaboration will include R&D; to improve lithium-ion battery recycling and the efficiency of the EV battery supply chain in the US and Europe.
Under the partnership, Li-Cycle’s recycling tech will be used to convert end-of-life batteries from Arrival’s EV fleets in the US and Europe into battery-grade material - which the companies say could be used in the production of new batteries for new Arrival vehicles.
'Transformational'
Arrival’s global VP of sustainability, Deepen Somaiya, said: "Ensuring end-to-end sustainability for electric vehicles is something we are very passionate about.”
"We see Li-Cycle’s cutting-edge, commercial lithium-ion recycling technology as an extension of that transformational approach.”
Li-Cycle uses a wet chemical process to recover 80-100% of all materials found in lithium-ion batteries, "while maintaining no wastewater discharge”.
Expansion
World Battery News reported earlier this year that Li-Cycle would accelerate its rollout of lithium-ion battery recycling facilities with a fourth commercial plant in the US state of Alabama.
The move came after Li-Cycle made its debut on the New York Stock Exchange, following its merger with special purpose acquisition company Peridot Acquisition Corp.
Last September, Li-Cycle secured a $100m (£74.5m) investment from a subsidiary of the Koch Investments Group, boosting the company’s plans to expand in North America, Europe and Asia.
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