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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

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Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. From 2024, Li-Cycle will become VinES’ strategic and preferred recycling partner for VinES’ Vietnamese-sourced battery materials.

Vietnam 352
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Meta Materials acquires assets and IP of Optodot; battery separators and coating technology

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a developer of high-performance functional materials and nanocomposites, signed a definitive agreement to acquire substantially all of the assets and intellectual property, including 67 issued and 22 pending patents, of Optodot Corporation for an aggregate of $48.5 The global market for lithium-ion battery separators was an estimated $5.1

Batteries 481
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EU-funded project Recirculate seeks to create new business models for repair, reuse, and recycling of second-life batteries

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million for the Recirculate project, which will address the most pressing challenges in the European battery recycling sector and battery materials logistics. The main goal of the project is to enhance end-of-life battery repair, reuse, remanufacture and recycling. The European Union has awarded €4.9

Batteries 369
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Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

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Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. The new technology will significantly boost efficiency and sustainability in volume battery cell production. Electrodes will be dry-coated and calendered directly.

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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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QuantumScape Corporation, a developer of next generation solid-state lithium-metal batteries for use in electric vehicles, and Kensington Capital Acquisition Corp., a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company.

Companies 468
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Li-Cycle starts operations at its first European lithium-ion battery recycling facility

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Each main line has the capacity to process up to 10,000 tonnes of lithium-ion battery material per year. Germany represents the largest market for both battery manufacturing scrap and the expected supply of end-of-life lithium-ion batteries in Europe. A definitive feasibility study for the project is currently underway.

Li-ion 280
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Vulcan Energy produces first battery-quality lithium hydroxide from Zero Carbon Lithium pilot operations

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Vulcan Energy Resources’ chemical engineering team has successfully produced its first battery-quality lithium hydroxide monohydrate (LHM) from piloting operations. The sample exceeds traditional battery-grade LHM product including best on the market battery-grade specifications required from offtake customers, at >56.5%

Carbon 374