Press release

Volvo Buses Singapore partner with GLC Recycle to Pioneer Closed-loop Battery Recycling

2024-04-17

Singapore – April 2024– Volvo Buses Singapore proudly announces its partnership with GLC Recycle, a global leader renowned for its closed-loop battery recycling solutions. This collaboration underscores a joint commitment to sustainability and responsible management of battery waste.

Desmond Toh-Global Head of Sustainability GLC, Achuth Das-Country Manager Volvo Buses Singapore, Marishya Wilhelmina-Director Volvo Buses APAC Central,Yang Mingdong-CEO GLC, Bai Xin-CFO GLC, Zhang Xubin-COO GLC.

GLC Recycle's Expertise in Closed-Loop Battery Recycling

In this venture, GLC Recycle will leverage its innovative technology and expertise to establish a closed-loop battery recycling system for Volvo's hybrid and electric buses in Singapore. Key aspects include:

Responsibly Collected: GLC Recycle will adhere strictly to its established Standard Operating Procedure (SOP) for battery collection, ensuring responsible handling throughout the entire process.

Effectively Dismantled: Collected batteries will undergo controlled dismantling, breaking down into various recyclable materials through an environmentally responsible process.

Sustainably Recycled: All dismantled materials will be repurposed as valuable feedstock for new batteries, either through GLC Recycle’s in-house capabilities or via collaboration with accredited downstream partners. Volvo Buses Singapore will have access to these partners’ credentials for verification purposes.

A Circular Economy for New Energy Bus Batteries

This partnership fosters the development of a circular economy for new energy bus batteries in Singapore. By recovering valuable materials from used batteries, GLC Recycle significantly mitigates the environmental impact associated with battery production and disposal. This not only aligns with Volvo Buses 's sustainability commitment but also paves the way for a more sustainable future for the entire transportation industry.

Achuth Das, Country Manager of Volvo Buses Market Singapore stated: “At Volvo, we believe we have a responsibility to shape the world we want to live in. Our sustainability commitment goes beyond emissions, and we take a holistic approach from cradle to grave. That’s why we are proud to join forces with GLC Recycles, an industry innovator, to pioneer sustainability initiatives and drive the electromobility journey in Singapore together.”

GLC Recycle Founder Mr. Yang Ming Dong said: “GLC Recycle is honored to partner with Volvo Bus Singapore in establishing a responsible and sustainable battery recycling system for their electric buses. This collaboration sets a powerful example for the future of clean transportation in Singapore.'"

About GLC Recycle

GLC Recycle stands as a prominent global figure in the realm of battery recycling. Employing cutting-edge Eco-Hybrid recycling technology developed in-house, the company specializes in the treatment of waste batteries. Through this innovative process, GLC Recycle is able to recover traceable, low-carbon eco-battery raw materials, thereby championing environmental sustainability. Our dedication to social responsibility is evident in our collaborative efforts with partners across the battery supply chain, ensuring that every battery undergoes responsible recycling practices. More information is available on the Internet at www.glcrecycle.com.

About Volvo Buses

Volvo Buses, part of the Volvo Group, is one of the world’s leading providers of sustainable people transport solutions, offering premium city and intercity buses, coaches, and chassis as well as services for increased productivity, uptime and safety. In Singapore over the last four decades, Volvo Buses have delivered many first-of-its-kind diesel and electrified buses, including the self-charging hybrid buses, the world’s first 12-metre fully autonomous electric bus and first made in Singapore full electric city bus, contributing continuously and positively to the public bus transport landscape. Visit www.volvobuses.com.sg for more information.