On the 3rd October 2022, advanced battery research, development and manufacturing company VinES Energy Solutions and leading lithium ion battery recycling firm Li-Cycle Holdings Corp. launched a global recycling partnership to make progress towards a closed-loop battery recycling supply chain. VinES and VinFast, a global EV manufacturer and fellow member of the Vietnam’s largest private corporation Vingroup, will look to capitalise on Li-Cycle’s advanced Spoke and Hub network strategy which has led to the US-based company growing to the current North American battery recycling market leader.

Both parties of the newly announced strategic alliance have been expanding their respective North American operations. Vinfast began the construction of a new EV production facility in North Carolina which is expected to…


The full article is available to Rho Motion Members on the Membership Platform. If you are not a Member and would like to find out more, click here.


Image credit: Li-Cycle