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Lithium batteries – 12 lakh tons ready for recycling by 2030

The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.

Akasol plans to build new battery factory near Detroit

The German battery manufacturer will make products for electric trucks and buses at the facility, which is expected to employ 200 workers and produce 400 megawatt-hours of batteries annually.

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