Europe’s first complete value chain for the reuse of electric car batteries being built in Norway
Stena Recycling AS proudly announces the launch of Europe’s first complete and scalable value chain for the reuse and recycling of electric car batteries. This innovative project is being established at Stena’s new battery management facility in Ausenfjellet, in collaboration with the technology company EV HUB AS. The facility is expected to be completed after the summer of 2024, with a total investment framework of 100 million NOK. Enova is supporting the project with 40%, capped at 21.8 million NOK. Increased Need for Lithium Batteries The rapidly growing electric car