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, […]
Electric Haze: Only 20 percent of ICBC salvaged EVs successfully rebuilt in 2023, says BCAR analysis
Victoria, British Columbia — An Automotive Retailers Association B.C. Auto Recyclers’ Division (BCAR) summary analysis on EVs sold via ICBC auctions in 2023 and their rebuild and inspection rates reveals that, despite a high number of EVs being designated for rebuilding, only 20 percent of these vehicles were successfully rebuilt to pass the Commercial Vehicle […]
