Honda Motor Co. introduced that it has reached a primary settlement with Ascend Parts, a U.S.-based firm with experience in applied sciences for recycling of battery assets.
The businesses intend to collaborate towards steady procurement of assets from recycled lithium-ion batteries in North America needed for Honda electrified autos, together with EVs.
Based mostly on its “Triple Motion to ZERO” idea, which consists of three focus areas – carbon neutrality, clear vitality and useful resource circulation – Honda is striving to appreciate a round/resource-recycling society which goals for “zero environmental influence” by 2050, not solely with its merchandise, however all through the whole product lifecycle, together with all company actions.
To place these initiatives into motion towards its 2050 goal, Honda reached a primary settlement with Ascend Parts to discover and focus on its purpose to realize steady procurement of recycled lithium-ion battery assets.
By way of this collaboration, Honda will search to acquire a constant provide of nickel, cobalt and lithium that Ascend Parts reclaims from recycled lithium-ion batteries. Honda will then make the most of these assets in its battery provide chain for electrified autos produced by Honda in North America.
By collaborating with numerous useful resource recycling companies, together with Ascend Parts, Honda will proceed its effort to make sure steady procurement of important recycled assets and try for the belief of “zero environmental influence.”
Mar 3, 2023