Battery recycling and raw materials company Hydrovolt, headquartered in Norway, plans to expand its business to France by establishing recycling capacity in Hordain in the north of the country—an area that is an industrial and automotive hub and has four battery gigafactories.
The new venture will benefit from the company’s experience in running its major plant in Fredrikstad, Norway. It will start with the establishment of a collection point capable of discharging and dismantling EV and industrial batteries. Pending final permits, operations are expected to commence in 2025.
“The entry to the French market will help us maintain our position as a leading European recycler of EV and industrial batteries,” said Hydrovolt CEO Ole-Christen Enger. “It is key for us to establish local presence across Europe to help build a circular battery value chain.”
Source: Hydrovolt
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