GEM cooperates with Benz China, CATL and Brunp to build battery closed-loop recycling project
2023-02-28 16:40:55 [Print]
GEM announced on February 27th that it signed a memorandum of understanding recently with Mercedes-Benz China, CATL and Hunan Brunp Recycling Technology Co
. , Ltd . on building a battery closed-loop recycling project . The wasted power batteries of Mercedes-Benz China will be delivered to GEM and Brunp for treatment and the nickel, cobalt, manganese, lithium and other key raw materials produced by the two companies' advanced recycling technology will be re-supplied to the supply chain of CATL to produce new batteries for Mercedes-Benz . At the same time, all parties will carry out extensive and in-depth exploration and cooperation about relative battery recycling technology and business model.