Teaming with SK tes: BMW to recycle, reuse end-of-life EV battery components; plans to expand program to Canada
Munich, Germany — BMW has partnered with SK tes, a “technology lifecycle” solution provider, to recycle cobalt, nickel and lithium from used EV batteries. These recycled components will be returned to the value chain to make new batteries. The OEM announced the news in a Jan. 13 press release, wherein it said that moving forward, […]
New Year News: B.C. Auto Recyclers Division offers industry update for 2025
Victoria, British Columbia — Stuart Ady, president of the Automotive Recyclers Environmental Association (AREA) and chairman of the B.C. Auto Recyclers Division, Automotive Retailers Association (ARA) has released an update highlighting the organization’s goals for 2025. Notably, in a recent AREA Update, Ady outlined how, while 2024 left the organization without an auditor, Terra West […]
Bolstering Series B: InMotion Ventures invests two million in Cyclic Materials
Toronto, Ontario – Cyclic Materials has announced a two million investment from InMotion Ventures, effectively extending the company’s Series B investment round to $55 million. As noted in a recent press release, this investment aligns with InMotion Ventures’ commitment to the circular economy. Through this fund, the recently donated value will be invested in a […]
