Nordic groups to split materials harvested from Norway’s large fleet of electric vehicles. Northvolt and Norsk Hydro are teaming up to recycle batteries from Norway’s hundreds of thousands of electric cars as part of Europe’s effort to build a green battery industry to take on Tesla and Asian rivals. The Swedish battery manufacturer — which last year raised more than €1bn from the likes of Volkswagen, Goldman Sachs and Ikea — and the Norwegian aluminium company will open a NKr100m ($10m) recycling hub in the south-eastern Norwegian town of Frederikstad next year.

Northvolt And Norsk Hydro To Build Car Battery Recycling Plant | Devamı>>>