From Investing.com:

Italian truck and bus maker Iveco Group has partnered with German chemicals group BASF for the recycling of lithium-ion batteries of its electric vehicles (BEVs). The no financial details partnership aims to increase batteries’ lifetime and comply with the Extended Producer Responsibility policy approach. BASF will handle the recycling process in Germany for the Italian group.

The agreement is part of Iveco’s circular economy strategy and aims to reduce the overall environmental impact of lithium-ion batteries used by the Italian group on its BEV vans, buses, and trucks. BASF will mechanically process the batteries and supply recycled metals to Europe’s local battery industry. This will help close the loop from end-of-life batteries to new ones, says Iveco’s Chief Supply Chain Officer Angela Qu.



Read more: Truck and bus maker Iveco partners with BASF for battery recycling By Reuters