Page 5 - Cycle Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

USA-BIDEN/MINING-RECYCLING (EXCLUSIVE, PIX):EXCLUSIVE-Biden's electric vehicle plan includes battery recycling push

President Joe Biden's strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials.

President Joe Biden's strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China centerpieces of his agenda, the administration is set to wrap up a 100-day review on Friday of gaps in supply chains in key areas, including electric vehicles (EV). These gaps include the minerals used in EV batteries and consumer electronics.

Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”

Biggest lithium miner gears up to tap a new lode: old EVs Autoblog 2 hrs ago © REUTERS/Ernest Scheyder The world’s biggest lithium miner wants to extract more of the battery metal from old cars as demand surges and aging electric vehicles are traded in. Research Volvo Albemarle Corp. is making investments and partnering with automotive equipment manufacturers on the recycling effort, which it calls “critical” to its future growth. The miner is part of a growing list of companies looking to grab a share of the market for recovered battery materials as lithium supplies show signs of t...