Hydrovolt, the joint venture between Hydro and Northvolt announced in mid-2020, has started construction of its new NOK 120 million (US$14.1 million) car battery recycling facility in Fredrikstad, Norway. The plant will have the capacity to process more than 8,000 tonnes of modules from car batteries each year, with the possibility to expand in the […]
Hydro and Northvolt, a leading European battery manufacturer based in Sweden, formed a 50/50 joint venture, called Hydro Volt AS, which will focus on enabling the recycling of battery materials and aluminum from electric vehicles (EVs). A typical EV battery pack may contain more than 25% aluminum, totaling about 70-100 kg aluminum per pack. “We […]
