Iveco Group, BASF Partner on EV Battery Recycling

Iveco Group, BASF Partner on EV Battery Recycling

Iveco selected BASF as its first partner to provide a recycling solution for the Group's lithium-ion batteries.

Iveco Group announced the selection of BASF as its first partner to provide a recycling solution for the Group’s lithium-ion batteries.

This decision is part of Iveco Group’s 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 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, the company said.

BASF, which has recently inaugurated Europe’s first co-located center of battery material production and battery recycling in Schwarzheide, Germany, will organize and manage the entire recycling process for the lithium-ion batteries used on Iveco Group electric vans, buses and trucks.

The agreement includes the collection, packaging, transport and recycling of batteries, in various European countries including, among others, France, Germany and UK, according to Iveco Group. After collection, BASF will mechanically process the batteries to black mass, from which critical raw materials – such as nickel, cobalt, lithium – can be extracted and recovered for use in the manufacturing of new batteries. “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,” Iveco Group said.

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