Li-Cycle Partners with High-Performance, Luxury Electric Vehicle (EV) Manufacturer for Exclusive Recycling Agreement in Germany
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2025
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Should l Buy ?
Source: Newsfilter
Partnership Announcement: Li-Cycle Holdings Corp. has entered into an exclusive agreement with a luxury vehicle OEM to recycle lithium-ion battery manufacturing scrap at its facility in Germany, enhancing its supply chain for recycling feedstock.
Company Overview: Established in 2016, Li-Cycle aims to create a closed-loop battery supply chain by recovering critical materials from lithium-ion batteries through its innovative Spoke & Hub Technologies™, supporting various EV manufacturers and battery producers globally.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
