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The company has said using renewable energy will reduce the carbon footprint of the plastic by up to 30%
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It’s expected to process more than 20,000 tonnes of plastic waste in its first year alone
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This follows its pledge of investing $20bn in EVs by 2030
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It has opened its new HQ with recycled Lego and committed to opening a carbon-neutral factory in the US
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New research has found the circular process to be feasible and a big step forward for industry
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The factory will use Biofabrik’s ‘WASTX Plastic’ process that converts plastic waste into synthetic crude oil
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The target will be achieved largely through a combination of energy-efficient machinery and renewable energy generation
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The facility in Borås, Sweden, sources the bulk of its clean energy requirements from hydropower and biofuels
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Hyperdrive Innovation will make up to 30,000 battery packs for electric vehicles and energy storage systems at the factory each year
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The project will reduce the amount of water and energy used during manufacturing by 40% per bottle
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It expects to start production on a second manufacturing line by January next year
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It aims to increase production to a 35GWh capacity by the end of March 2019
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