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massive battery recycling facilityCNBC
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76% Informative
Cylib, a startup looking to reduce waste from EV batteries that have reached the end of their life, is building a massive battery recycling facility in Germany .
The plant, located in the town of Dormagen in western Germany , will span 236,000 square feet .
It plans to recycle roughly 30,000 metric tons of end-of-life batteries at the facility each year , making it larger in scale than the current biggest plant, Hydrovolt , a joint venture between Swedish battery maker Northvolt and Norway -based aluminum and renewable energy firm Hydro .
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