Cylib’s goal is to build a recycling factory that can recycle batteries from electric vehicles at the end of their natural lifespan. This new regulation will require all electric vehicle manufacturers and resellers to recycle batteries, making Cylib one of the leading players in this growing industry.
Cylib is attempting to create awareness about the circular economy within battery recycling in order to enable more efficient practices. Creating a circular economy within battery recycling would have far-reaching implications for the industry and could ultimately result in decreased environmental impact and increased efficiency.
In order to scale up its recycling process and build out the supply chains and customer base, the company says it will be working with pilot partners over the next six to twelve months. This demonstration of the company’s process will show that it is scalable, alongside the challenge of building out these necessary components.
Cylib is a sustainable recycling company that has been working on developing an industrial-level recycling process. They now want to scale the process so it can be used by more customers across Europe. They have plans to establish a cutting-edge recycling facility that will be able to handle a large volume of waste. This would help reduce the amount of waste that needs to be transported around the continent, which would have a significant impact on the environment.
With over €11.6 million in total raised, 10x Founders is one of the most well-funded startups in the European tech scene. The company has a mission to speed up the cycle of innovation by helping founders accelerate their businesses to 10x their current size within five years.
Windeknecht will bring his expertise in climate solutions to World Fund, which is focused on reducing carbon emissions. Judging by his past work experience and the technologies he is interested in, Windeknecht should be a valuable asset to the board and help steer the company towards greener pastures.
Recycling electric vehicle batteries could be a key step in fighting climate change. By recovering resources like metals and plastics, and outputting new raw materials, it would close the loop on these products and help to power our economy with more sustainable options. This innovation from the company is a great example of how companies can work together to create solutions that benefit everyone.
Batteries are a critical part of our modern lifestyles and the key to green, circular mobility. By tracing back resources and ensuring supply chain transparency, batteries can be energy efficient while reducing the environmental footprint of mobility. This will enable true green and circular mobility that reduces the need to mine additional lithium, which would help address”:{“environmental problems stemming from lithium-mining processes.”
