Princeton NuEnergy Enters Strategic Partnership Agreement with Greenland for the Recycling of Lithium-ion Batteries

BORDENTOWN, N.J., March 9, 2022 /PRNewswire/ — Princeton NuEnergy, Inc. (“PNE”), an emerging growth company primarily engaged in the regeneration of lithium-ion battery (“LIB”) material, today announced it has entered into a strategic partnership agreement with Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland”), a technology developer and manufacturer of industrial electric vehicles and drivetrain systems for material handling machinery and vehicles, to create a recycling solution for lithium-ion batteries used in electric industrial vehicles, as the next step in creating a circular supply chain to alleviate a major future supply chain bottleneck.Strategic Partnership Goals and Objectives:To create a safe and sustainable recycling solution for end-of-life lithium-ion batteries used in electric industrial vehicles including electric forklifts, electric loaders,…

Read more…