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How many new battery recycling plants will European automakers announce by end of 2025?
2
Resolution / Starting Odds
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1 to 2 • 25%
3 to 4 • 25%
5 or more • 25%
Official announcements or press releases from European automakers
Story
Mercedes-Benz Opens Kuppenheim Battery Recycling Plant, Recovering 96% of Materials for 50,000 Battery Modules Annually
Oct 21, 2024, 01:44 PM
Mercedes-Benz has inaugurated its first battery recycling plant in Kuppenheim, southern Germany, marking a significant step in the company's efforts to enhance sustainability in electric vehicle (EV) production. The facility utilizes an integrated mechanical-hydrometallurgical process and is capable of recycling enough materials to produce 50,000 new battery modules annually. Additionally, the plant is designed to recover 96% of battery materials, contributing to the company's goal of closing the battery loop and reducing reliance on raw material extraction. This initiative aligns with the growing trend among automotive manufacturers to establish in-house recycling capabilities for EV components.
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1 • 25%
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Germany • 25%
France • 25%
Italy • 25%
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Germany • 25%
Spain • 25%
France • 25%
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6 or more • 25%
All three completed • 33%
Two completed • 33%
One completed • 33%
None completed • 1%
CATL • 25%
LG Energy Solution • 25%
Panasonic • 25%
Other • 25%
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Less than 30 GWh • 25%
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