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Hyundai Canada moves to recycle EV batteries in deal with Quebec-based Lithion Recycling
Hyundai Canada and Lithion Recycling, a Quebec-based battery recycler, yesterday announced a service agreement to increase the car manufacturer’s sustainable production cycle by implementing a recovery and recycle program for their electric vehicle batteries.
Lithion — which hails from Montreal — is one of the leaders in Canada’s second-life battery space, claiming their process is able to recover up to 95 per cent of spent battery materials, which can then be used in new batteries. Industry estimates peg that by 2040 over two million lithium-ion batteries will need to be recycled in the United States alone.
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