💰 Northvolt, a $12 billion startup founded by an ex-Tesla VP, thinks crushing and shredding old batteries is the way to make electric vehicles truly sustainable

TL;DR

In the northern Swedish city of Skellefteå, 250 construction workers brave the cold every morning to build what's expected to be the largest battery-recycling facility in the world. It believes recycling old batteries locally and using recovered rare earth materials as feedstock for new batteries is the solution to the sustainability and supply-chain woes of the market. "The city, home to 75,000 people, looks set to also become the stage of a battery-recycling revolution

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