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GM and Lithion Announce Partnership Agreement for Circular EV Batteries

September 22, 2022

Via: Waste360

Lithion Recycling Inc. (“Lithion”) and General Motors Co. ( NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

This collaboration between GM and Lithion will focus on:

  • Validation of Lithion’s recovered battery materials for use in the production of new batteries, and potential to acquire battery materials
  • Joint investment in research and development for both recycling processes and recyclability of future battery design

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