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Vingroup, Li-Cycle assess recycling plan

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April 13, 2023: Vietnam’s Vingroup and Canada’s Li-Cycle are assessing proposals to construct a lithium ion recycling plant in Vietnam, the businesses revealed on April 12.

The plant can be constructed close to battery manufacturing amenities operated by Vingroup’s VinES Power Options subsidiary, underneath an settlement the place Li-Cycle can be VinES’ most popular recycling companion for battery supplies sourced from Vietnam from 2024.

The transfer comes 5 months after the businesses agreed to type a world battery recycling partnership.

Certainly, on April 10, VinES mentioned it was becoming a member of forces with Turkey’s Altinay Elektromobilite to supply superior batteries as a part of a full-service enterprise for the vitality storage and mobility techniques market. in Turkey.

Altinay basic supervisor Mert Uygun mentioned that the companions are additionally aimed toward attracting funding from the home vitality sector.

VinES will provide know-how, system design, manufacturing and verification of ESS models, whereas Altinay will lead gross sales and advertising in addition to after-sales providers within the Turkish market, Uygun mentioned.

Altinay can even draw by itself expertise in designing and constructing lithium-based vitality storage techniques and battery packs over the previous 12 years, Uygun mentioned.

Journal of Power Storage It was reported in November that Vingroup auto subsidiary VinFast agreed to develop cooperation with China’s Modern Amperex Expertise to develop battery techniques for the EV market.



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