As mobility is becoming more and more battery-driven – many countries plan to allow only emissions-free cars in the near future – the need for specialized recycling facilities rises as well. The battery recycling market offers huge opportunities. Many companies already gearing up to profit from this highly lucrative market.
Recently Canadian company Li-Cycle, an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and Vines Energy Solutions (“VinES”), a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, announced the launch of a global recycling partnership. Vingroup is the largest private conglomerate in Vietnam.
