Cirba Solutions, Honda will collaborate towards sourcing EV battery materials in North America
Cirba Solutions has signed a memorandum of understanding (MOU) with Honda. According to the MOU, Cirba Solutions will collaborate with Honda toward the collection, processing, and return of recycled critical battery materials to be used as raw material feedstock for the manufacturer's products. This will future electric vehicles (EVs) and other products. The approach demonstrates how materials can be sustainably sourced and procured domestically in North America.
This program will utilize Cirba Solutions' experience in processing end-of-life hybrid and EV batteries and gigafactory scrap, extracting critical metals such as nickel, cobalt, and lithium. Creating these types of circular supply chains is one of the steps that will help Honda reach its 100 percent carbon-neutral use goals and resource circulation strategy by 2050.
"This partnership highlights the importance of processing materials that otherwise would be discarded to create a fully circular supply chain for EV batteries," says David Klanecky, president and CEO of Cirba Solutions. "Through this type of alliance, we're able to help Honda source critical materials for new EV battery creation sustainably and with full traceability."
In March 2023, Cirba Solutions also released plans for an EV battery materials facility in South Carolina, producing enough battery-grade materials for more than 500,000 EV batteries.