(Reuters) - BMW BMWG.DE is partnering with Swedish battery company Northvolt and Belgian materials and recycling group Umicore UMI.BR on a project to create a sustainable life cycle for batteries, the companies said on Monday.
The project aims to create a “closed life cycle loop” for battery cells, which will be manufactured using a recyclable design and used in electric vehicles, then possibly as stationary storage devices before finally being recycled and reused.
Reporting by Alan Charlish in Gdynia; editing by Jason Neely
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