Volkswagen reveals plans to start recycling electric vehicle batteries.
Auto Business News-May 13, 2019--Volkswagen reveals plans to start recycling electric vehicle batteries
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Auto Business News - 13 May 2019
Volkswagen AG (Xetra: VW), a Germany-based automaker, has revealed plans to start recycling electric vehicle batteries in the coming years.
The automaker aims to produce one million electric vehicles per annum by 2025. It intends to use recycling to decrease costs.
Some retired EV batteries will simply be repurposed for other uses, such as remote charging stations or home energy storage. The automaker's portable quick-charging station will hold 360-kWh of energy, capable of simultaneously charging up to four vehicles at a time at up to 100 kW.
The company's Salzgitter component factory will serve as the home of the company's battery recycling operations.
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