ELECTRIC VEHICLE BATTERY RECYCLING MARKET ANALYSIS
Global Electric Vehicle Battery Recycling Market: Key Developments
In June 2021, GEM Co., announced its plans of investing nearly CNY 310 million in a project for recovering cobalt and nickel material from a current battery recycling plant in the Hubei province of China.
In May 2021, Primobius formed a deal with Stelco, for creating a facility in North America, for the sole purpose of extracting and recycling battery metals from electric vehicles.
In July 2022, Samsung S.D.I. performed ground breaking ceremony in Seremban, Malaysia, for their second facility for battery production. The new plant will make cylindrical PRiMX 21700 batteries in 2024.
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