Flooding the Market: Concerns raised over surplus of illegal imports in Mexican used market
Toronto, Ontario — The director of an organization representing Mexico’s auto parts industry has spoken out with concerns about his government’s handling of illegally imported used vehicles, as well as new policies that could hurt the local vehicle sales market. Alberto Bustamante, director of Mexico’s National Parts Industry (INA), spoke to reporters from Reuters about […]
The Race to Recycle: Recyclers clamouring for industry control ahead of coming EV battery influx
Toronto, Ontario — The issue of electric vehicle battery recycling received some mainstream exposure in the New York Times this week, as several members of the automotive aftermarket spoke out about the deluge of dead EV batteries bound for recycling yards sooner than many previously expected. Nick Castillo, manager of an LKQ plant in California, […]
A Natural Attraction: Polestar and Cyclic Materials partner to close loop on rare earth magnet production
Toronto, Ontario — In the effort of tackling environmental challenges on the production line head-on, Polestar has announced that it has teamed up with Kingston, Ont.-based recycling firm Cyclic Materials to develop a circular production solution for rare earth magnets. The valuable rare earth elements within the Polestar 2’s electric motor, namely neodymium and dysprosium, […]
