Europe – French battery recycling company SNAM and automotive major PSA Peugeot CitroÃ«n have launched a joint programme to ensure batteries from the group’s end-of-life electric and hybrid vehicles are properly recycled across its network and production sites in Europe.
SNAM will be responsible for collecting and recycling high voltage industrial batteries (nickel-metal hydride and lithium-ion) from the Peugeot and CitroÃ«n networks of accredited auto repair shops and dealerships in Europe.
SNAM is able to recycle up to 80% of the weight of this type of battery, thus ‘far exceeding’ the 50% minimum target for recycling efficiency set by European regulations. PSA Peugeot CitroÃ«n sold 3 million vehicles worldwide in 2014, recording sales of Euro 54 billion.
Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.