Tag: batteries: Page 2

EV

Closed Circuit: Hyundai partners with Quebec-based Lithion for battery recycling

Markham, Ontario — Like the person who puts the tongs back on the plate at the buffet, Hyundai Canada is striving to make the EV industry better than when they arrived by partnering with Quebec-based Lithion Recycling to handle the automaker’s battery recycling program. This move by Hyundai attempts to complete a more sustainable production […]

March 17, 2021

Business

Battery Boost: Lion Electric to open new battery factory with federal and provincial investment

Montreal, Quebec – Lion Electric announced the construction of a battery manufacturing plant and innovation center in Quebec. Prime Minister Justin Trudeau announced the construction of the facility with Marc Bédard, the CEO and founder of Lion Electric. “With today’s announcement, we are continuing to take steps to support our Canadian businesses, invest in innovation, […]

March 16, 2021

Collision Repair

Beware of Batteries: EV batteries may pose a threat to emergency responders

Toronto, Ontario — With electric vehicles gaining popularity, emergency responders may be in serious danger–especially since the automaker’s emergency response guides are suppositively not up to par.  According to a new report conducted by National Transportation Safety Board (NTSB) emergency responders may not be able to rely on emergency response guides provided by automakers when […]

February 26, 2021

Business

Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE

Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]

February 17, 2021

EV

NAATBatt Notes: Lithium-ion batteries are being reused, not scrapped

Toronto, Ontario –  While lithium-ion batteries have touted a bad rap for allegedly being tossed in landfills or poorly recycled, they actually boast some of the longest lifetimes and highest reuse rates, Hans Eric Melin, managing director of Circular Energy Storage said during a panel at NAATBatt International 2021. In most consumers’ minds, a vehicle […]

February 17, 2021