Battery Resourcers News

Aria Alamalhodaei June 28, 2021

Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker’s push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.”

Prologue is one of two forthcoming Honda vehicles that will use General Motors’ Ultium Cells EV platform and battery packs. The other, yet unnamed car, will be under the Acura brand and will also debut in 2024. GM will also manufacture the two vehicles at its North American facilities, as part of a long-running partnership between the two OEMs.

The automaker is keeping quiet about key details of the new SUVs, including the price and even what the car will look like. But it will enter a competitive electric SUV market, up against rivals such as Tesla’s Model Y, the Ford Mustang Mach-E and Volkswagen’s ID.4.

Honda joined other automakers, including GM and Volvo, in setting ambitious electrification targets. GEO Toshihiro Mibe in April set an escalating target for its global battery and fuel cell electric sales of 40% by 2030, 80% by 2035 and completely phasing out internal combustion engine sales by 2040. As part of that target, Honda said it has plans to develop its own EV platform, dubbed e:Architecture, for EV models launched in the second half of the decade.

Honda separately announced on Monday that it had entered into an agreement with Battery Resourcers to recycle batteries from Honda and Acura EVs. These batteries will initially be processed at the recycling firm’s site in Worcester, Massachusetts, and then at a commercial scale plant that the company says will be operational in 2022. Battery Resourcers recently raised a $20 million Series B to scale its operations, including opening the new plant.

Via techcrunch-com

Agreement with American Honda Motor Co. includes disassembly and recycling of spent Lithium-ion Batteries from the automaker's Electric Vehicles in the United States

WORCESTER, Mass., June 28, 2021 /PRNewswire/ -- Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced an agreement with American Honda Motor Co. to recycle Honda & Acura Electric Vehicles (EV) batteries.

The safe and affordable recycling of spent lithium-ion batteries is a significant challenge for carmakers and battery manufacturers, especially since millions of EVs are expected to hit the road in the coming years and new regulations mandate recycling of spent batteries and the use of recycled metals in new batteries. In the future, Battery Resourcers and Honda will also work together to improve recyclability and to reintegrate recycled material back into Honda's material supply chain.

"We are proud to work with sustainably minded companies like Honda to revolutionize the lithium-ion supply chain and build a more sustainable future," said Battery Resourcers CEO Mike O'Kronley. "Our innovative, closed-loop recycling process addresses environmental and regulatory issues while unlocking the hidden value in spent lithium-ion batteries. As a result, we can provide safe, convenient and environmentally responsible recycling solutions at an affordable cost."

Founded in 2015 as a spinout from the lab of Prof. Yan Wang at Worcester Polytechnic Institute, Battery Resourcers recently completed a $20 million Series B equity round with financing led by Orbia Ventures, the venture capital arm of the multinational Orbia, and other investors including At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures and Jaguar Land Rover's In-Motion Ventures.

Unlike other battery recycling companies, Battery Resourcers offers a fundamentally new approach to lithium-ion battery manufacturing, starting with a mixed stream of used lithium-ion batteries and ending with the production of finished, battery-ready cathode active materials. With 97% metal recovery, Battery Resourcers currently produces Nickel Manganese Cobalt (NMC) based cathode active materials.

Honda's batteries will initially be processed by the company's recently expanded site in Worcester, Mass. and later at a new commercial scale plant that will be operational in the spring of 2022. The new site which will be capable of processing more than 20 million pounds of batteries.

The company is also engineering a novel process for graphite recovery and purification, which will enable it to return both the cathode and anode active materials back to manufacturers of new batteries.

ABOUT BATTERY RESOURCERS Based in Worcester, Mass., Battery Resourcers operates the world's most efficient lithium-ion battery recycling process. A vertically integrated recycling, refining and materials engineering company, Battery Resourcers turns spent batteries and production scrap directly into new, battery-ready cathode active material with significant reductions in cost, emissions and energy consumption. Founded in 2015 with a mission of returning 100% of battery active materials back into new batteries, the company today makes EV-grade, finished cathode active materials that perform as well as industry-leading brands.


WPI Professor and Battery Resourcers Co-Founder and Chief Scientist, Prof. Yan Wang awarded a USABC grant to develop high-nickel cathode materials from recycled feedstocks.

Collaboration Represents Third Phase in Effort to Lower Costs of Materials for Electric Vehicles

Worcester Polytechnic Institute (WPI) will expand its work on lithium-ion battery recycling and lead a team of academic and industry collaborators in a $2 million project to lower the cost and improve the performance of recycled battery materials so they are comparable to new materials.