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Renault Wants To Become A Leader In Battery Recycling
03 Apr 2024 | Abstracted from Motor One
"...the use of recycled metals could also help to reduce the price of electric cars, since metals account for 70% of the cost of a battery and batteries account for 40% of the cost of an electric vehicle
"...Renault is betting big on the The Future is Neutral (TFIN) project, with a target of €2.3 billion...no one in Europe can currently claim to recycle used batteries in a closed cycle to extract nickel, cobalt and lithium..."
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