E-mobility
Iveco and BASF Enter Recycling Agreement for Electric Commercial Vehicle Batteries
The Iveco Group has partnered with the chemical company BASF to develop a sustainable solution to recycle lithium-ion batteries from their electric vans, buses, and trucks. BASF will manage the entire recycling process for the lithium-ion batteries used in Iveco Group's electric vehicles.
The Iveco Group has partnered with the chemical company BASF to develop a sustainable solution to recycle lithium-ion batteries from their electric vans, buses, and trucks. BASF will manage the entire recycling process for the lithium-ion batteries used in Iveco Group's electric vehicles.
The Iveco Group has partnered with the chemical company BASF to develop a sustainable solution to recycle lithium-ion batteries from their electric vans, buses, and trucks. BASF will manage the entire recycling process for the lithium-ion batteries used in Iveco Group's electric vehicles.
The Iveco Group has partnered with the chemical company BASF to develop a sustainable solution to recycle lithium-ion batteries from their electric vans, buses, and trucks. BASF will manage the entire recycling process for the lithium-ion batteries used in Iveco Group's electric vehicles.
Aiming for a Circular Economy in Battery Production
The agreement includes collecting, packaging, transporting, and recycling batteries across various European countries, including France, Germany, and the United Kingdom. After collection, BASF will mechanically process the batteries into 'black mass', from which essential raw materials like nickel, cobalt, and lithium are extracted and reclaimed for new battery production.
BASF recently constructed a battery material production and recycling facility in Schwarzheide, Germany. This facility is designed to serve the entire value chain of battery recycling. With this, BASF aims to establish a comprehensive battery recycling value chain in Europe, providing the battery industry with recycled metals that have a low CO2 footprint.
Iveco Group’s Goal: Net-Zero CO2 Emissions by 2040
By pooling resources and expertise, both companies aim to close the battery lifecycle loop and minimize the environmental impact of electric vehicles. This initiative also aligns with the EU Battery Regulation’s circular economy policies. The Iveco Group has committed to achieving net-zero CO2 emissions by 2040.