Stellantis and Orano drop planned JV to recycle electric car batteries
Franco-Italian automaker Stellantis and French nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries, both companies said on Wednesday. The two companies had signed a memorandum of understanding last year.
Stellantis, French nuclear fuel firm Orano drop JV to recycle EV batteries
The venture would have recycled EV batteries to extract raw materiel for use in new cells. No reason was giving for ending the partnership, but Stellantis has recently put two planned gigafactories on hold.
Most electric-car batteries could soon be made by recycling old ones
These efforts are about to be given a big boost. Recent breakthroughs in recycling, together with a spate of technological improvements, mean that within a decade or so most of the global demand for raw materials to build new batteries could be met by recycling old ones.
Stellantis, Orano Won't Finalize Battery Recycling JV
Stellantis and materials recycling company Orano said they decided to not finalized a planned joint venture for recycling end-of-life electric vehicle batteries and scrap. In October of last year, the companies entered a non-binding memorandum of understanding to form the JV,
New Direction for the Partnership Between Stellantis and Orano in Battery Recycling
Stellantis and Orano will not finalize the intended joint venture for recycling end-of-life electric vehicle batteries and scrap, per the non-binding memorandum of understanding announced by the two parties in October of 2023.
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