Battery-News

Author name: Gerrit Bockey

Li-Cycle starts recycling in Magdeburg

The North American company Li-Cycle has commissioned its first European recycling plant for lithium-ion batteries in Magdeburg. The plant is to have an annual capacity of up to 10,000 tons of battery material. The start of production of a second line with the same capacity is still planned for 2023, he said. Processing without unloading and disassembly According to Li-Cycle, the plant is the largest in the company’s current portfolio and one of the largest of its kind in Europe. The group uses technology that allows it to directly use all types of lithium-ion battery waste, including complete electric vehicle battery packs, without the need for unloading, disassembly or thermal processing, it said. Annual capacity of 81,000 tons planned Germany represents the largest market for battery production waste, so Li-Cycle expects a significant amount of waste lithium-ion batteries there for all of Europe. According to the company’s own information, it is aiming for an annual recycling capacity of 81,000 tons. Source: https://investors.li-cycle.com/news/news-details/2023/Li-Cycle-Starts-Operations-at-its-First-European-Lithium-Ion-Battery-Recycling-Facility-One-of-the-Largest-on-the-Continent/default.aspx

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Sunwoda

Sunwoda builds battery factory in Hungary

Chinese company Sunwoda Electronic plans to build a battery factory for electric vehicles in Hungary. In an official announcement to the Shenzhen Stock Exchange, Sunwoda said its initial investment of the equivalent of 250 million euros would go toward the acquisition of land, new construction and equipment procurement, among other things. Chinese producers expand into Europe Sunwoda is one of the emerging players in the Chinese battery manufacturing circle, serving prominent customers such as Xpeng, Mercedes and Guangzhou Automobile Group. Meanwhile, Chinese market leader CATL is also building a battery factory in Hungary, having already established a production facility in Germany. There are further expansion plans for Europe from the EVE Energy group, which last June announced the construction of a factory for the production of large cylindrical batteries in Hungary. Source: https://www.reuters.com/technology/chinas-sunwoda-plans-2747-mln-hungarian-battery-plant-2023-07-27/

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