German startup Cylib starts building Europe s largest EV battery recycling plant
Get the Full StoryGerman startup Cylib has broken ground on its first industrial-scale battery recycling plant, just months after it raised 55mn in the largest-ever funding round for a European battery recycling company. The state-of-the-art facility, located at Chempark on the outskirts of D sseldorf, will spread across three football pitches. Once operational scheduled for 2026 the plant is slated to recycle 30,000 tons of EV batteries a year. For context, the average EV battery weighs about 500kg so Cylib s plant will be able to process around 60,000 EV batteries per annum. This is far more than Europe s current largest such facility, This story continues at The Next WebShare: