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<blockquote data-quote="Weather Man" data-source="post: 16690901" data-attributes="member: 137766"><p>Another one I never heard of.</p><p></p><h3><a href="https://seekingalpha.com/news/3767027-li-cycle-pops-after-partnership-with-startup-atlis-motor-vehicles?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Li-Cycle pops after partnership with startup Atlis Motor Vehicles</a></h3><p><a href="https://seekingalpha.com/symbol/LICY" target="_blank">LICY +10.59%</a>Nov. 08, 2021 1:54 PM ET</p><ul> <li data-xf-list-type="ul">Li-Cycle Corp (<a href="https://seekingalpha.com/symbol/LICY" target="_blank">LICY</a> +8.8%) shares jump as the company <a href="https://seekingalpha.com/pr/18549633-atlis-motor-vehicles-forms-strategic-partnership-to-recycle-lithium-ion-batteries" target="_blank">enters</a> into a battery recycling agreement with electric pickup manufacturer Atlis Motor Vehicles.</li> <li data-xf-list-type="ul">ATLIS is a startup developing a fully electric vehicle platform, proprietary battery cells and packs, and the necessary charging infrastructure to recharge a 500-mile range battery in less than 15 minutes. Its XT pickup prototype was revealed earlier this year and production will begin in 2022.</li> <li data-xf-list-type="ul">"While we are just beginning our development journey, as a responsible battery and EV manufacturer, battery recycling must be a critical step in our supply chain," said Mark Hanchett, CEO and founder of Atlis Motor Vehicles. "We are thrilled to partner with a local recycler, like Li-Cycle, not only to be environmentally responsible, but to impact our bottom line. It is less expensive to reuse battery material than mine for new supplies."</li> <li data-xf-list-type="ul">Li-Cycle recovers up to 95% of critical materials from lithium-ion batteries and reintroduces them back into the supply chain. According to Benchmark Intelligence the total number of lithium-ion batteries that will be available for recycling, globally, will exceed 2M tonnes by 2025.</li> <li data-xf-list-type="ul">SA contributor ZMK Capital warns that Li-Cycle could face a lot competition <a href="https://seekingalpha.com/article/4461049-licy-recycling-the-green-new-deal" target="_blank">if their model is successful.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16690901, member: 137766"] Another one I never heard of. [HEADING=2][URL='https://seekingalpha.com/news/3767027-li-cycle-pops-after-partnership-with-startup-atlis-motor-vehicles?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Li-Cycle pops after partnership with startup Atlis Motor Vehicles[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/LICY']LICY +10.59%[/URL]Nov. 08, 2021 1:54 PM ET [LIST] [*]Li-Cycle Corp ([URL='https://seekingalpha.com/symbol/LICY']LICY[/URL] +8.8%) shares jump as the company [URL='https://seekingalpha.com/pr/18549633-atlis-motor-vehicles-forms-strategic-partnership-to-recycle-lithium-ion-batteries']enters[/URL] into a battery recycling agreement with electric pickup manufacturer Atlis Motor Vehicles. [*]ATLIS is a startup developing a fully electric vehicle platform, proprietary battery cells and packs, and the necessary charging infrastructure to recharge a 500-mile range battery in less than 15 minutes. Its XT pickup prototype was revealed earlier this year and production will begin in 2022. [*]"While we are just beginning our development journey, as a responsible battery and EV manufacturer, battery recycling must be a critical step in our supply chain," said Mark Hanchett, CEO and founder of Atlis Motor Vehicles. "We are thrilled to partner with a local recycler, like Li-Cycle, not only to be environmentally responsible, but to impact our bottom line. It is less expensive to reuse battery material than mine for new supplies." [*]Li-Cycle recovers up to 95% of critical materials from lithium-ion batteries and reintroduces them back into the supply chain. According to Benchmark Intelligence the total number of lithium-ion batteries that will be available for recycling, globally, will exceed 2M tonnes by 2025. [*]SA contributor ZMK Capital warns that Li-Cycle could face a lot competition [URL='https://seekingalpha.com/article/4461049-licy-recycling-the-green-new-deal']if their model is successful.[/URL] [/LIST] [/QUOTE]
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