May 22, 2022
Original coverage published in CBS News
As the demand for a green transition grows across industries, electrification is a rising trend across all manner of products – with battery technology proving a necessity for the companies engaging with this manner of sustainable optimisation. Lithium-ion batteries in particular, with their ability to store renewable energy for later use, are becoming invaluable tools.
However, lithium batteries have not historically been categorized as part of a circular economy, with materials used in the creation of the batteries only ever partially returned into the economy – and rarely into new batteries. This reality requires a solution before the use of lithium-ion batteries can truly be described as sustainable. Watch as we unpack Li-Cycle, a company on a mission to leverage its innovative solution to address an emerging and urgent global challenge.