ECO-3239 · REV B · effective October 20, 2026

EV Manufacturing TransitionRELEASEDEngineering notice

Hydrovolt to Recycle Iceland's EV Batteries at Fredrikstad Plant

Hydrovolt and the Icelandic Recycling Fund have signed a cooperation agreement: Iceland's end-of-life EV batteries will ship to Norway for recycling at Fredrikstad.

Scope of change

  1. Hydrovolt signed a cooperation agreement with the Icelandic Recycling Fund to collect end-of-life EV and industrial batteries in Iceland.
  2. Batteries will be transported to Norway and recycled at Hydrovolt's facility in Fredrikstad.
  3. Hydrovolt calls the deal part of its Nordic strategy: no battery in the region should remain unused.
  4. No volumes, tonnages or financial terms have been disclosed.
Hydrovolt to recycle Iceland’s EV batteries in Future
Fig. 01Hydrovolt to recycle Iceland’s EV batteries in Future — Peggychoucair / pixabay

Iceland's dead EV batteries will soon travel to Norway for recycling, under a cooperation agreement signed between Norwegian recycler Hydrovolt and the Icelandic Recycling Fund (IRF).

The deal covers end-of-life batteries from electric vehicles and industrial applications across Iceland. Hydrovolt will collect them, ship them to Norway, and recycle them at its facility in Fredrikstad. That's the whole mechanism, and it's a sensible one: Iceland has no battery recycling plant of its own, so the material either gets exported or sits in a shed.

Hydrovolt frames the agreement as part of its Nordic strategy. The stated goal is blunt — no battery in the region should remain unused.

What does the agreement actually cover?

The mechanics are straightforward:

  • Collection — Hydrovolt takes end-of-life EV and industrial batteries in Iceland.
  • Transport — the batteries ship to Norway.
  • Processing — recycling happens at Hydrovolt's own Fredrikstad plant.

The Icelandic Recycling Fund acts as the domestic partner, the entity that gets the batteries moving in the first place. Neither party has published volumes, tonnages, or financial terms, so treat any capacity talk as intent rather than confirmed throughput.

In plain words: Iceland gets a collection channel, Fredrikstad gets feedstock.

Why Iceland sends batteries abroad

Iceland's EV fleet is small by European standards, but it's growing, and every electric car sold today becomes a recycling question in ten to fifteen years. Without a domestic plant — and at Icelandic volumes, building one wouldn't pay — exporting to an established Nordic facility is the only credible route.

Hydrovolt, jointly backed by Norsk Hydro and Northvolt before the latter's collapse, has positioned itself as the region's battery loop. Adding Iceland extends that catchment area to the full Nordic map. The claim is regional coverage; the proof will be tonnage through Fredrikstad.

The takeaway: this is a logistics agreement dressed as a strategy, and that's not a criticism — logistics is exactly what island battery waste needs.

What to watch next

Watch for the first shipment volumes from Iceland, any tonnage figures Hydrovolt discloses from Fredrikstad, and whether similar agreements follow with other small-volume markets in the region. The launch of collection operations in Iceland is the milestone that turns this signature into substance.

via icelandreview.com (Original)

Filed under

  • hydrovolt
  • battery-recycling
  • ev-batteries
  • iceland
  • fredrikstad
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Daniel Okafor

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Senior reporter covering regulation, policy and their impact on Automotive manufacturing and vehicle production at Autoplant Brief.

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