Battery Recycling Company Hydrovolt Secures $1.43 Million from Enova

The funding will help to develop new technology for discharging and dismantling electric vehicle batteries

June 20, 2023

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Hydrovolt, a joint venture between Hydro and Northvolt focused on battery recycling, secured 15.3 million NOK (~$1.43 million) from Enova, a Norwegian public enterprise that promotes low-carbon energy solutions, to develop new technology for discharging and dismantling electric vehicle (EV) batteries.

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