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Swedish battery firm Northvolt said Friday it had produced its first battery cell with what it described as “100% recycled nickel, manganese and cobalt.”
In a statement, the Stockholm-headquartered company — which has attracted investment from Goldman Sachs and Volkswagen, among others — said the lithium-ion battery cell was manufactured by its recycling program, Revolt.
The cell’s nickel-manganese-cobalt cathode had been produced using metals “recovered through the recycling of battery waste.” Tests showed that performance was on a par with cells made using metals that had been freshly mined, Northvolt said.
On Friday, the business said the design of its own recycling facility would be expanded so it could recycle 125,000 tons of batteries annually.
Construction of the plant, called Revolt Ett, is slated to begin in the first quarter of 2022, with operations starting in 2023.
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It will use materials from end-of-life EV batteries as well as scrap from Northvolt Ett, the company’s gigafactory, where the first battery is expected to be produced before the end of 2021....
Read Full Story: https://www.cnbc.com/2021/11/12/northvolt-produces-battery-with-recycled-nickel-manganese-cobalt.html
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