Source: Autoinfo
According to news released by Volvo on April 18, Volvo announced the signing of a strategic cooperation agreement with Catl on April 16. The two sides will collaborate in the field of battery recycle management.
Based on the agreement, Volvo will recycle the decommissioned battery on its new energy vehicle as well as the battery scrapped in the factory. The recycled battery will be disassemble and than extracting more that ninety percent of nickel, cobalt, lithium and other metal materials by the downstream factory certified by Volvo. Catl will use these recycled materials to produce new batteries that can be used in the production of new Volvo cars.
Image source: Autoinfo
Volvo has officially discontinued diesel engine cars in late March, and it marks its goal of becoming a pure electric brand by 2030. The last Volvo diesel car, a blue XC90 SUV with a 2.0 liter turbocharged engine, rolled off the production line at the Torslanda plant in Sweden. The car will be display in the Volvo Museum which opens on April 14. The car also marks the end of Volvo’s 45 years association with diesel engines. At the same time, Volvo is becoming the first major traditional carmaker that fully abandoned diesel power.
Besides, Volvo announced a partnership with Breathe Battery Technologies and becoming the first car company who received its latest patented algorithmic charging software. The software will be used in the new generation of Volvo cars. Volvo is trying to improve the performance of charging technology by integrating Breathe’s software and its self-developed battery. The technology will significantly reduce the charging time and therefore improve the overall driving experience.
