Li-Cycle partners with Daimler Truck North America for EV battery recycling (Fastmarkets)

June 4, 2024

Original article published via Fastmarkets

The partnership is the latest strategic commercial relationship established by Li-Cycle in an effort to validate its safe and sustainable recycling technology, Louie Diaz, vice president of Marketing & Communications, told Fastmarkets.

Repairing, remanufacturing, repurposing and recycling lithium-ion battery materials used in DTNA EVs is part of the company’s overall commitment to reducing its carbon footprint, DTNA said in a May 20 release.

“Leveraging advanced technology, DTNA can discern when a lithium-ion battery no longer meets DTNA’s high standards required for vehicle use. This insight guides the decision on the optimal process to maximize materials for a second life, with repair taking precedence whenever possible,” DTNA said, adding that its approach “extends to all components of the EV product.”

Li-Cycle will be using its patented Spoke and Hub technologies to assist DTNA on its goal to integrate a comprehensive circular economy approach across its operations to reduce its carbon footprint.

This technology enables Li-Cycle to “safely receive and recycle all lithium-ion batteries regardless of condition, form factor and state-of-charge to produce critical battery materials. Our technology enables up to a 95% recovery rate to return critical materials back to the supply chain,” Diaz told Fastmarkets.

Read the full article here.