LG Energy Solution and Toyota Tsusho Corporation announced the establishment of Green Metals Battery Innovations, LLC, a joint venture company focused on battery recycling.
GM is targeting the new LMR prismatic battery cells to be used in full-size electric vehicles such as its Chevrolet Silverado and Escalade IQ beginning in 2028.
LG Energy Solution has announced plans to establish a joint venture with Derichebourg, the French leader in metal waste recycling, to build a state-of-the-art battery recycling plant.