InoBat Auto and Gigamine announce agreement on battery recycling
By Will Hall - 12th May 2022
Slovakia / UK – Two battery technology start-ups, InoBat Auto, based in Bratislava, Slovakia, and Gigamine Ltd, headquartered in London, UK, have announced a joint agreement to develop a process and supporting infrastructure to deliver cost-effective collection and re-utilisation of critical materials from battery manufacturing and used batteries.
InoBat states that the recycling venture is a crucial link in the cradle-to-cradle circular value-chain to support the firm’s gigafactory plans. The firm also said it will announce the location of its third gigafactory later in 2022. Currently, InoBat has been assessing suitable sites across the UK and European Union.
