The Toronto company will build a lithium-ion battery recycling facility in the northern Hauts-de-France region, where large global automakers are establishing a “battery valley” with three gigafactories. The plant will support Li-Cycle’s new deal as the preferred recycler for German industrial trucking giant Kion Group. (The Logic)
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The Toronto company will build a lithium-ion battery recycling facility in the northern Hauts-de-France region, where large global automakers are establishing a “battery valley” with three gigafactories. The plant will support Li-Cycle’s new deal as the preferred recycler for German industrial trucking giant Kion Group. (The Logic)
Talking point: Like North America, Europe is racing to build a local electric-vehicle supply chain—and Li-Cycle is capitalizing on the opportunities, with other facilities planned for Germany and Norway. The EU has been working towards legislation that would require battery recycling. Forklift and warehouse truck-maker Kion, which said it is the largest industrial truck manufacturer in Europe, the Middle East and Africa, will also send batteries to the Germany recycling plant.
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