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Press Release: USABC AWARDS $1.76 MILLION Li-ION BATTERY RECYCLING CONTRACT TO FARASIS ENERGY

SOUTHFIELD, Mich., Sept. 13, 2017 - The United States Advanced Battery Consortium LLC (USABC), a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, today announced the award of a $1.76 million technology development contract to Farasis Energy Inc. in Hayward, California, for lithium-ion (Li-ion) battery recycling. 

The contract award, which includes a 50 percent cost share, funds a 24-month project that began in February.  The project will allow Farasis Energy to develop its direct recycling approach for Li-ion batteries by moving to a larger scale than previously demonstrated and by expanding the scope to address additional cell chemistries currently in the market. 

As part of the project, the company will source multiple commercially relevant feedstocks of used battery materials. The direct recycled active materials will be used in iterative cell builds through which the company will gain knowledge on how to best incorporate recycling technologies in battery manufacturing, resulting in more environmentally friendly, lower cost production of Li-ion batteries.

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. Department of Energy (DOE), USABC’s mission is to develop electrochemical energy storage technologies that support commercialization of hybrid, plug-in hybrid, electric and fuel cell vehicles. In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress.  For more information, visit http://www.uscar.org/usabc.

“The Li-ion battery recycling technology development contract award with Farasis Energy is part of USABC’s broad battery technology research and development program,” said Steve Zimmer, executive director of USCAR. “Programs like this are critical to advancing the technology needed to meet both near- and long-term goals that will enable broader scale vehicle electrification.”

About DOE

The U.S. Department of Energy’s overarching mission is to advance the national, economic and energy security of the United States. DOE’s Vehicle Technologies Office works with industry, academia and national laboratories to develop advanced transportation technologies that improve energy efficiency, increase energy security, and reduce operating cost for consumers and business. Electrochemical energy storage has been identified as a key enabling technology for advanced, fuel-efficient, light and heavy-duty vehicles.

About USCAR

Now in its 25th year, USCAR is the collaborative automotive technology company for FCA US LLC, Ford Motor Company and General Motors. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development. For more information, visit www.uscar.org. 

9/13/17                              #####

 

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