Swedish power battery company Northvolt announced On Nov. 12 that its recycling program has produced the first battery pack made entirely of recycled nickel, manganese and cobalt. As a result, the company will expand its Revolt Ett recycling plant in Sweden to have a capacity to recycle 125,000 tons of batteries per year (equivalent to producing approximately 30GWh of batteries per year), with construction scheduled to begin in the first quarter of 2022 and operations to begin in 2023.
The plant will receive recycled materials from two sources: end-of-life batteries for electric vehicles and production waste from the Northvolt Ett.
In addition, by expanding the Revolt Ett plant, Northvolt will expand its recycling capacity to meet its goal of producing half of its battery packs made of recycled materials by 2030.
Emma Nehrenheim, chief environment officer at Northvolt and Revolt leader, said that as the ev revolution accelerates, about 250,000 tonnes of batteries will be scrapped in Europe by 2030.
Revolt Ett aims to be the largest battery recycling plant in Europe and the only major plant in Europe that can recycle lithium except for metals such as nickel, manganese and cobalt: In addition to delivering nickel, manganese, cobalt and lithium metals directly to the Northvolt battery production process, Revolt Ett will also recycle copper, aluminum and plastics from its recycled batteries and materials and recycle them back into the manufacturing process through local third parties.
Image credit: Northvolt
Northvolt is a lithium-ion battery company based in Stockholm, Sweden, founded in 2016 by Peter Carlsson, a former Tesla executive, according to public filings.
According to an update from Northvolt, the company has secured contracts worth more than $27 billion from key customers including BMW, Fluence, Scania, Volkswagen, Volvo Cars and Polestar to support the company's development plans, which include building recycling capacity, To achieve the company's goal of sourcing 50% of its raw materials from recycled batteries by 2030. In March, Northvolt said it had won a 10-year order from Volkswagen worth more than $14 billion. In June, Northvolt and Volvo cars announced a joint venture to build a battery gigafactory with a capacity of up to 50GWh a year, with production scheduled to begin in 2026. Volvo car group also hopes to purchase 15GWh of batteries a year from its existing Northvolt Ett battery plant in Sweden, starting in 2024.
In addition, on October 7, Northvolt said it will invest $750 million, expanded in Sweden laboratory for Europe's leading "covers the whole battery research and development of ecosystem park", the key facilities, including materials research and development and industrialization and batteries, battery and battery recycling system development platform, to promote the development of the emerging European battery industry.
On Oct. 18, Northvolt and Cinis Fertilizer, a Swedish clean-tech startup, announced an offtake agreement to reuse sodium sulfate recycled from battery manufacturing for commercial use.
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