share_log

American Battery Technology Co. Announces Its Entrance Into 3-Year Collegiate And Vocational Engineering Competition With The U.S. DOE's Battery Workforce Challenge, And The Launch Of An ABTC Developed New 'Design For Recyclability'

Benzinga ·  Dec 17, 2024 00:54
  • Public and private industry partners from each sector of the electric vehicle (EV) circular supply-chain chosen to establish real world environment to train and develop next generation battery and EV workforce.
  • American Battery Technology Company (ABTC), representing battery recycling sector, to support the development of a new U.S. energy manufacturing workforce alongside public and private partners such as the U.S. Department of Energy, Argonne National Laboratory, Stellantis, Samsung SDI America, and the Volta Foundation.
  • Top industry talent at ABTC supports future battery workforce to design battery packs for a Stellantis vehicle with more environmentally and economically sustainable materials and practices to build future talent capacity for the North American battery supply chain.

American Battery Technology Company (ABTC) (NASDAQ:ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is pleased to announce its entrance into the U.S. Department of Energy's Battery Workforce Challenge, and the launch of an ABTC developed new 'Design for Recyclability' category for this three-year collegiate and vocational engineering competition.

This competition supports twelve North American teams of universities and their regional vocational partners that are each designing, building, testing, and integrating a next-generation advanced lithium-ion battery pack and electric powertrain into a Stellantis donated 2024 Ram ProMaster EV. ABTC's entrance into this competition brings an additional dimension of performance in the evaluation of these designs, as students are now challenged to design battery packs with a design for recyclability (DFR) mindset that allows for these complex batteries to be strategically disassembled and recycled at the end of their lives. These high-value constitute components within the batteries are then able to be recovered and resold into the domestic North American supply chain to create a closed-loop circular infrastructure, increasing the residual value of the battery pack and lowering overall lifecycle costs of EVs.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment