Vehicle OEM Nissan and Sweden’s Stena Recycling are partnering to develop a circular economy for lithium-ion electric vehicle batteries in Norway.
The companies have signed a strategic partnership that brings together Stena’s recycling expertise and Nissan’s experience in electric vehicle technology.
The firms will work to commercialise a process to safely transport, dismantle, repair, and reuse batteries from electric vehicles.
The agreement also gives Stena access to a supply of used batteries from vehicles decommissioned due to age or written off by insurance companies.
There are more than 80,000 Nissan LEAFs on Norwegian roads.
Stena’s business model includes the diagnoses of vehicle battery packs at its facility near Oslo to determine which can be reused in energy storage applications and those that should be recycled.
Jon Emil Furuseth, Country Manager High Energy Batteries at Stena Recycling, said by using batteries in second-life applications gives them more value than simply recycling them into new materials and minerals.
In January, battery materials maker BASF and Stena Recycling announced a black mass purchase agreement. The deals aim is to create a recycling value chain for the European electric vehicle (EV) battery market. Read more here.
Back in 2021, Stena Recycling invested 250 million SEK ($29 million) in a lithium-ion battery recycling plant in Halmstad, Sweden. The plant was opened in March 2023, with a recycling capacity of 10,000 tonnes. Read more about Stenna Recycling here.
