USABC AWARDS $1.76 MILLION Li-ION BATTERY RECYCLING CONTRACT TO FARASIS ENERGY
The United States Advanced Battery Consortium LLC (USABC), a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has announced the award of a $1.76 million technology development contract to Farasis Energy Inc. in Hayward, California, for lithium-ion (Li-ion) battery recycling.
The contract award, which includes a 50 percent cost share, funds a 24-month project that began in February. The project will allow Farasis Energy to develop its direct recycling approach for Li-ion batteries by moving to a larger scale than previously demonstrated and by expanding the scope to address additional cell chemistries currently in the market.
As part of the project, the company will source multiple commercially relevant feedstocks of used battery materials. The direct recycled active materials will be used in iterative cell builds through which the company will gain knowledge on how to best incorporate recycling technologies in battery manufacturing, resulting in more environmentally friendly, lower cost production of Li-ion batteries.
"The Li-ion battery recycling technology development contract award with Farasis Energy is part of USABC's broad battery technology research and development program," said Steve Zimmer, executive director of USCAR. "Programs like this are critical to advancing the technology needed to meet both near- and long-term goals that will enable broader scale vehicle electrification."
USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. Department of Energy (DOE), USABC's mission is to develop electrochemical energy storage technologies that support commercialization of hybrid, plug-in hybrid, electric and fuel cell vehicles. In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress. For more information, visit www.uscar.org/usabc.