Northvolt Divests Final Stake in Recycling Joint Venture to Norsk Hydro

In a significant move within the battery manufacturing and recycling sector, Northvolt has concluded the sale of its remaining stake in the lithium-ion battery recycling joint venture to Norsk Hydro, a leading player in the renewable energy space. This transaction marks a pivotal moment in the evolving landscape of battery recycling, a critical aspect as the automotive and energy industries increasingly pivot towards sustainability.

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CATL Explores EV Battery Recycling Opportunities in Europe

Contemporary Amperex Technology Co. Ltd. (CATL), the Chinese frontrunner in electric vehicle (EV) battery manufacturing, has initiated preliminary discussions regarding the development of battery recycling projects in Europe. This movement aligns with a growing trend within the industry toward sustainable practices, particularly as the lifespan of EV batteries approaches its end.

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