Stellantis and Orano have decided not to proceed with their previously announced joint venture aimed at recycling end-of-life electric vehicle batteries and scrap.
The decision follows a non-binding memorandum of understanding signed in October 2023.
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While the joint venture will not move forward, both companies expressed gratitude for the collaborative relationship they have built.
Stellantis and Orano are now exploring alternative commercial opportunities, highlighting the potential of Orano’s recycling technology in future endeavors.
Source: Stellantis and Orano Forge New Path in Battery Recycling Partnership
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