Li-Cycle Holdings Corp. has partnered with Daimler Truck North America (DTNA) to recycle lithium-ion batteries through a circular economy approach.
Li-Cycle and DTNA have a partnership to recycle lithium-ion batteries from DTNA electric vehicles that reach the end of their lifecycle. Recycling lithium-ion batteries is part of DTNA's plan to maximize battery lifespans and reduce material waste to tackle global sustainability challenges. DTNA's strategy emphasizes repairing, remanufacturing, repurposing, and recycling lithium-ion battery materials.
"We are proud to partner with companies such as DTNA to support their sustainability and carbon reduction goals," said Ajay Kochhar, Li-Cycle's president and CEO. "Our environmentally friendly and safe recycling technologies can recover critical materials to help create a domestic closed-loop battery supply chain, giving new life to these battery materials, and helping power the world's transition to clean energy."
