In addition to its large lithium-ion battery manufacturing footprint in Asia, EVE has announced plans to build its first European battery manufacturing facility in Hungary, which is expected to supply a major global automaker for the production of electric vehicles ("EVs"). Li-Cycle continues to expand our business strategically and flexibly in line with our growing global customer base." "Li-Cycle continues to scale as the world's preferred recycling partner and the MOU demonstrates how EVE recognizes our capabilities in delivering world-class lithium-ion battery recycling solutions with high efficiency, low emissions, and minimal waste generation to support a sustainable lithium-ion battery ecosystem.
"We are excited to collaborate with EVE, a proven global leader in lithium-ion battery cell manufacturing, to provide a sustainable resource recovery solution for lithium-ion battery products and manufacturing scrap," said Tim Johnston, co-founder and Executive Chair of Li-Cycle. We are pleased to partner with Li-Cycle to discuss the establishment of a high environmental standard battery recycling system to support sustainable development." To achieve this goal, we are implementing strategic initiatives such as industry chain integration, team internationalization, and the application of international operational models. "To better serve our international customers, we are going to construct green battery factories in Europe and Southeast Asia. Jianhua Liu, co-founder and CEO of EVE Energy. "EVE Energy places great importance on expanding our presence in global markets," said Mr. EVE is one of the world's largest lithium-ion battery cell manufacturers, with global manufacturing facilities and customers that include global automakers. The collaboration is also expected to support EVE's environmental goals through a closed-loop supply solution and continue to support the global movement towards electrification. The MOU includes a framework to explore global sustainable recycling solutions for EVE lithium-ion battery materials in the North American market, as well as battery manufacturing scrap generated at EVE's planned lithium-ion battery cell manufacturing facilities in Malaysia and Hungary. It does not store any personal data.Tim Johnston, Li-Cycle co-founder and Executive Chair, and Jianhua Liu, EVE Energy co-founder and CEO, at the signing ceremony for a memorandum of understanding to collaborate and explore lithium-ion battery recycling solutions for EVE battery materials. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary".
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