BASF: battery recycling agreement with Iveco
This decision is part of the Iveco Group's circular economy strategy, which follows the 4R framework - Repair, Refurbish, Reuse and Recycle - to extend battery life.
BASF, which recently inaugurated Europe's first battery materials production and recycling center in Schwarzheide (Germany), will organize and manage the entire recycling process for lithium-ion batteries used in Iveco Group vans, buses and electric trucks.
The agreement covers the collection, packaging, transport and recycling of batteries in various European countries, including France, Germany and the UK.
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