Stellantis N.V. (NYSE: STLA) and nuclear energy company Orano have signed a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries.

The joint venture will recycle batteries and scrap from gigafactories in Enlarged Europe and North America.

The move is expected to strengthen Stellantis' position in the electric-vehicle battery ...

Full story available on Benzinga.com