Panasonic to produce EV batteries from recycled nickel

Project to launch by 2028, with lithium and cobalt being considered

20230927N Panasonic battery

Panasonic will partner with U.S.-based Redwood Materials to recycle and purify nickel for use in new batteries. (Photo by Yo Inoue)

MAMORU TSUGE and YUSUKE HINATA, Nikkei staff writers

OSAKA/GUANGZHOU -- Panasonic Holdings plans to recycle minerals from used EV batteries to make new ones, aiming to create a system where cells with reclaimed materials have equivalent cost and performance.

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