Envision Greenwise Holdings (HKG:1783) agreed to collaborate with Huayou Green Energy Technology Netherlands to enhance battery recycling in Europe.
The partnership leverages Envision's 31 service points for battery collection and Huayou's recycling facilities, aligning with EU regulations.
With Zhejiang Huayou Recycling Technology also on board, this initiative supports innovative green logistics solutions, according to a Wednesday filing with the Hong Kong Exchange.
Huayou Green Energy specializes in battery recycling and material recovery and is a subsidiary of Zhejiang Huayou Cobalt (SHA:603799).