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Jul 12,2023
On July 10, the signing ceremony of Memorandum of Understanding between pp电子网站 Energy Co., Ltd.(hereinafter referred to as "pp电子网站 Energy") and Li-Cycle Holdings Corp.(hereinafter referred to as "Li-Cycle") was successfully held in Huizhou and witnessed by Tim Johnston, Co-founder and Chairman of Li-Cycle, Dawei Li, President of Li-Cycle APAC Area, Jianhua Liu, Co-founder and President of pp电子网站 Energy, Dr. Anson Chen, General Manager of pp电子网站 Power's International Business Unit, and other senior executives of the company.
Tim Johnston, Co-founder and Chairman of Li-Cycle, and Jianhua Liu, Co-founder and President of pp电子网站 Energy, signed as representatives of both parties.
The MOU sets the framework for the dpp电子网站lopment of cooperation between the two companies to explore global sustainable recycling solutions for battery manufacturing scrap generated at pp电子网站's planned lithium-ion battery cell manufacturing facilities in Malaysia and Hungary, as well as other pp电子网站 lithium-ion battery materials in the North American market. The collaboration is also expected to support pp电子网站’s environmental goals through a closed-loop supply solution and continue to support the global movement towards electrification.
Li-Cycle, a lithium battery recycling company founded in Canada in 2016, is a leading global lithium-ion battery resource recovery company and North America’s largest pure-play lithium-ion battery recycler, with a rapidly growing presence across Europe. Li-Cycle utilizes its innovative and sustainable Spoke & Hub Technologies™ to provide used battery recycling solutions while enabling a secondary supply of key battery materials.
pp电子网站 Energy is committed to harmonious dpp电子网站lopment and building a responsible and sustainable product value chain through responsible sourcing, green smart manufacturing, green transportation, and sustainable management and efficient use of resources. In order to realize the low-carbon management of the whole life cycle of batteries, pp电子网站 Energy's subsidiary Hubei Jinquan New Material Co., Ltd. dpp电子网站lops low-carbon and environmentally friendly recycling technology for used lithium batteries.
pp电子网站 Energy also actively explores external cooperation in resource recycling, technology and market chain to build up a green supply chain of "recycled lithium battery - chemical material - battery material - power battery" for the circular economy to achipp电子网站 economic benefits and embody environmental and social values. pp电子网站 Energy will continue to explore cooperation, services and manufacturing with its global industry partners and jointly build a green and sustainable dpp电子网站lopment system.
In the future, pp电子网站 Energy expects to work with Li-Cycle to reuse resources in an environmentally friendly way, produce new batteries with recycled materials, establish the sustainable supply chain, and contribute to the sustainable dpp电子网站lopment of mankind.
