Monday, December 23, 2024

Li-Cycle Partners with Daimler Truck North America on Recycling Lithium-ion Batteries

Li-Cycle Holdings Corp., a leading global lithium-ion battery resource recovery company, is proud to support Daimler Truck North America (DTNA) on its goal to integrate a comprehensive circular economy approach across its operations to reduce its carbon footprint.

Li-Cycle and DTNA have a partnership to recycle lithium-ion batteries from DTNA electric vehicles that reach the end of their life cycle. Recycling lithium-ion batteries is part of DTNA’s plans to maximize battery lifespans and reduce material waste to tackle global sustainability challenges. DTNA’s strategy emphasizes repairing, remanufacturing, repurposing, and recycling lithium-ion battery materials.

“We are proud to partner with companies such as DTNA to support their sustainability and carbon reduction goals,” said Ajay Kochhar, Li-Cycle President and CEO. “Our environmentally friendly and safe recycling technologies can recover critical materials to help create a domestic closed-loop battery supply chain, giving new life to these battery materials and helping power the world’s transition to clean energy.”

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Li-Cycle is a leading global lithium-ion battery resource recovery company. Established in 2016, and with major customers and partners around the world, Li-Cycle’s mission is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. The Company leverages its innovative, sustainable and patent-protected Spoke & Hub Technologies™ to recycle all different types of lithium-ion batteries.

SOURCE: Businesswire

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