Image courtesy of Ace Green Recycling Inc.
Ace Green Recycling Inc., Houston, and Nigeria-based electric vehicle (EV) manufacturer Spiro have signed a strategic agreement to support the circular battery value chain in Africa. Through their partnership, Ace Green will recycle end-of-life lithium-ion batteries (LIBs), including lithium iron phosphate (LFP) batteries, and Spiro’s manufacturing scrap.
As part of the agreement, Spiro has named Ace Green as its exclusive global preferred recycling partner. The companies will work together to develop co-located recycling centers near Spiro’s collection hubs, utilizing Ace Green’s proprietary technology. The companies say the partnership will emphasize the safe handling and recycling of batteries and support Spiro’s growth as it scales its operations across Africa.
“Spiro’s focus on circularity has been at the core of deploying the largest electric mobility fleet in Africa,” Spiro CEO Kaushik Burman says. “As Spiro leads the decarbonization of Africa’s transportation sector, partnering with Ace will further accelerate this progress in a sustainable and responsible manner.”
Burman adds that the partnership reinforces Spiro’s commitment to United Nations Sustainable Development Goals related to climate action and responsible consumption and production while building a circular value chain that reduces carbon emissions and supports local economic development.
“Leveraging our innovative and green LithiumFirst technology that efficiently and effectively recycles lithium-ion battery material, including LFP, we are focused on scaling our modular solution to support a circular value chain that meets the growing demand for recycling,” Ace Green CEO Nishchay Chadha says. “Spiro is a pioneer in Africa when it comes to electrifying its transportation sector, and we look forward to supporting its continued growth with our technology and services. This agreement serves as the foray for Ace in the African market as we continue to roll out our global deployment strategy.”
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