Iveco said BASF would recycle lithium-ion batteries used in the group’s electric vehicles.
The move is part of a circular economy strategy which follows the 4R Framework – Repair, Refurbish, Repurpose and Recycling – to increase the lifetime of the batteries while decreasing their overall environmental impact, and Iveco will ensure compliance with the Extended Producer Responsibility policy which holds producers responsible for the entire life cycle of the products they introduce on the market, from their design until end of life.
BASF, which has recently opened Europe’s first co-located centre of battery material production and battery recycling in Schwarzheide, Germany, will organise and manage the entire recycling process.
The agreement includes collection, packaging, transport, and recycling of batteries, in various European countries including France, Germany and UK.
After collection, BASF will mechanically process the batteries to black mass from which nickel, cobalt and lithium can be extracted and recovered for use in new batteries.
Thus, BASF will establish the full battery recycling value chain in Europe to locally provide recycled metals with a low carbon footprint for the battery industry.
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Angela Qu, chief supply chain officer, Iveco, said: “BASF….. will help us close the loop from end of life batteries to new ones.”
“The partnership with Iveco is our first agreement to recycle batteries from electric vans, buses and trucks and an important step for our battery recycling business to expand our activities into the commercial vehicle space,” said Daniel Schoenfelder, president of BASF’s catalysts division who is also responsible for battery materials and battery recycling.
“It will allow us to further strengthen our European collection network and make further progress in this developing market.”