BASF, Iveco Enter Partnership to Recycle Electric Vehicle Batteries
Company officials from Iveco and BASF have announced plans to recycle batteries from electric vehicles.
February 1, 2024
Company officials from Iveco and BASF have announced plans to recycle batteries from electric vehicles.
The partnership between Iveco and BASF was announced in late January. BASF recently opened a new recycling facility for battery chemicals and materials in Germany. BASF will oversee the collection and processing of the lithium-ion batteries used in Iveco’s electric vehicles across multiple European nations.
Through BASF’s process, the batteries will be converted into a material, and from there, cobalt, lithium, nickel, and other materials will be extracted. Those extracted materials will be distributed back to battery manufacturers.
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