Canada-based lithium-ion batteries recycling company Li-Cycle Holdings has announced plans to construct a new battery recycling Spoke facility in Hauts-de-France, France.
Besides meeting the local commercial demands, the facility is expected to become one of Europe’s largest battery end-of-life and cell manufacturing plants.
Under a lithium-ion battery recycling partnership with the KION Group, Li-Cycle’s new Spoke facility will recycle lithium-ion batteries from KION’s global brands leveraging its submerged shredding technology that is claimed to be safe, environmentally friendly, and cost-effective.
Li-Cycle executive chair and co-founder Tim Johnston said: “Consistent with our strategy, Li-Cycle continues to scale in lockstep with our customers. As we advance the deployment of our highly replicable and proven Spoke & Hub model into the European market, our Spoke in France will better position us to support KION and the accelerating market growth in the country.”
Hauts-de-France region president Xavier Bertrand said: “Hauts-de-France is proud to have been chosen by Li-Cycle to set up its first Spoke in France. This investment is very good news for our Region. Firstly, because it will create jobs, but above all, because it represents a new milestone for the ‘Battery Valley’ we are building in Hauts-de-France.”
The new spoke facility will be built in an existing building with access to renewable energy.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIt will have an expected initial processing capacity of 10,000t of lithium-ion battery material annually, with room for an expansion of up to 25,000t.
Furthermore, the facility will use Li-Cycle’s ‘Generation 3’ Spoke technology, which can process electric vehicles (EV) and energy storage battery packs directly, without the need for manual dismantling, in turn helping to improve safety and cost-efficiency.
The facility is anticipated to commence operations next year.
It is estimated to bring Li-Cycle’s future planned capacity across its global Spoke network to over 100,000t of lithium-ion battery material annually.