Clean Tech News & Views: EVs, Solar Energy, Batteries
Aachen based cylib raised €55 million round, the largest investment round ever raised by a European battery recycling company.Dr. Ingo Ramesohl, Managing Director of Bosch Ventures: “We are investing in Sustainability and pave the way in transformative battery recycling technologies.”
Founded in 2022, the company offers market-leading proprietary technology for end-to-end recycling of lithium-ion batteries and has already delivered a successful pilot line and completed projects with major automotive OEMs as well as battery manufacturers. cylib’s process is characterized by an efficient, resource- and climate-friendly recovery of raw materials, including lithium, graphite, nickel, cobalt and manganese from battery packs, black mass or production scraps.
The landmark funding round marks the first time in Europe that major investors from climate and deep tech, corporate automotive and industry backgrounds as well as public investment funds have built a consortium to support a battery recycling company. This further signals the breadth of significant stakeholders now dedicated to building a resilient and sustainable battery infrastructure also in Europe.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bosch: Legacy S03 Finale: Maggie Q's Ballard, Welliver's Bosch MeetRenée Ballard and the LAPD’s Open-Unsolved Unit get a hot shot DNA connection between a recently arrested man and a serial rapist and murderer who went quiet twenty years ago. The arrested man is only twenty-three, so the genetic link must be familial.
Read more »
All 9 Seasons Of Bosch & Bosch: Legacy Ranked Worst To BestHoney Chandler and Harry Bosch
Read more »
Who Is Renée Ballard? Maggie Q's Bosch: Legacy Season 3 Crossover Character ExplainedRenee Ballard (Maggie Q) and Harry Bosch (Titus Welliver) on Bosch: Legacy season 3 episode 10
Read more »
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisisThe Aug. 8 wildfirekilled 101 people and destroyed housing for 6,200 families, amplifyingMaui’s already acute housing shortage and laying bare the enormouspresence of vacation rentals in Lahaina.
Read more »
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisisA single mother of two, Amy Chadwick spent years scrimping and saving to buy a house in the town of Lahaina on the Hawaiian island of Maui.
Read more »
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisisAn acute housing shortage hitting fire survivors on the Hawaiian island of Maui is squeezing out residents.
Read more »