Battery recycling, Hydrovolt to invest in brand-new plant located in Hordain, France
The joint venture shared by Norwegian Hydro and Swedish Northvolt has taken its final investment decision on expanding its business to France through establishing recycling capacity located in Hordain in the heart of Northern France’s battery valley.
Hydrovolt is a joint project shared by the Norwegian industry giant Hydro and the Swedish battery manufacturer Northvolt. The company has taken its final investment decision on expanding its business to France through establishing recycling capacity located in Hordain in the heart of Northern France’s battery valley.
Hydrovolt is already running one of Europe’s largest EV battery recycling plants in Fredrikstad, Norway. Northern France is chosen as the preferred entry region as it is a growing hub for the battery value chain. Indeed, the area has already attracted four major battery gigafactory investments.
Hydrovolt’s new battery recycling plant in France
According to the official statement issued by Hydrovolt, the chosen site in Hordain already has a set-up suitable for recycling operations designed at approx. 3000 square meters. Pending final permits, the company estimates to start operations in 2025.
“This is a big milestone for Hydrovolt, and the entry to the French market will help us maintain our position as a leading European recycler of EV and industrial batteries. It is key for us to establish local presence across Europe to help build a circular battery value chain”, commented Ole-Christen Enger, CEO of Hydrovolt.
