Cenntro Electric, Princeton NuEnergy partner on recycling of lithium-ion batteries

Strategic Partnerships

Princeton NuEnergy’s innovative direct battery recycling process can be 44% less costly than mined source materials and 39% less costly than traditional hydrometallurgical processes

Electric commercial vehicle maker Cenntro Electric Group Ltd and battery recycling startup Princeton NuEnergy, Inc. (PNE) have signed a letter of intent as part of a strategic partnership to set up an end-to-end closed loop supply chain for EV battery recycling operations, the two companies said in a joint announcement on 14 June 2022.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload