Tag: Battery

Northvolt and Norsk Hydro are forming a joint venture to recycle batteries from Norway’s hundreds of thousands of electric cars as part of Europe’s effort to build a greener battery industry

Northvolt News Release »

Northvolt and Hydro today announced the formation of a joint venture, Hydro Volt, to enable recycling of battery materials and aluminum from the Norwegian market for electric vehicles. Hydro Volt will establish a recycling hub in Norway which will start operations in 2021.

The launch of the joint venture follows an investment in Northvolt by Hydro in 2019 and further strengthens the partnership between the battery manufacturer and the aluminum company, which is based around advancing circular industry technologies and material flows.

Hydro Volt will start operations in Fredrikstad, Norway, with a feed of batteries coming from the Norwegian EV market, which is one of the most advanced in the world.

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BYD will supply EV batteries to Ford

Reuters »

Chinese electric vehicle (EV) maker BYD Co Ltd will supply EV batteries to U.S. automaker Ford Motor Co, a document on the website of the Ministry of Industry and Information Technology showed on Monday.

Ford’s China venture with Changan Automobile is seeking government approval to build a plug-in hybrid model equipped with BYD’s batteries, according to the document.

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