Stellantis N.V. and Orano announced the signing of a memorandum of understanding to establish a joint venture, which will be dedicated to recycling end-of-life electric vehicle batteries.
According to the company, this strategic collaboration will bolster Stellantis’ position in the electric-vehicle battery value chain, ensuring reliable access to cobalt, nickel, and lithium — essential resources for the electrification and energy transition. At the end of the day, battery materials are battery materials, so developing recycled sources for them helps the company compete in the global EV market.
According to the companies, the joint venture between Orano and Stellantis leverages Orano’s innovative, low-carbon technology to recover materials from lithium-ion batteries and manufacture new cathode materials. With a hydrometallurgical plant in Dunkirk, France, the venture aims to close the loop of a circular economy and provide Stellantis with fresh cells.
Production is set to begin in early 2026, leveraging existing Stellantis assets and facilities. Investments in the reskilling and upskilling of Stellantis and Orano employees will create sustainable opportunities as they transition to new roles.
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