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Nissan, Sumitomo Corp. and 4R set up plant to recycle electric-car batteries

NAMIE, Japan –The new factory, in the town of Namie in eastern Japan, will be operated by 4R Energy Corporation, a joint venture between Nissan and Sumitomo Corporation.

The number of electric cars on the road is rising rapidly as environmental issues, including climate change, weigh on the minds of motorists around the world. The availability of used lithium-ion batteries is expected to increase significantly in the near future as buyers of the first generation of electric cars look to replace their vehicles. The recycling and refabrication of such batteries is expected to have a substantial impact on the battery industry, affecting demand for new battery materials, and on the environment and society as a whole.

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