Press Releases

January 17, 2020

Out of thousands of innovators from across the globe, Li-Cycle captured a place in the 2020 Global Cleantech 100

Dear Followers and Subscribers,

Toronto, Canada – January 17, 2020 – Li-Cycle Corp. (“Li-Cycle”), an industry leading lithium-ion battery resource recovery company, was named a 2020 Global Cleantech 100 company by the Cleantech Group. Li-Cycle was chosen out of 13,900 innovative companies from across the globe for its contribution toward a sustainable future.

 

The 2020 Global Cleantech 100 is the 11th edition of the respected annual guide to the leading companies and themes in sustainable innovation. It features the private, independent and for-profit companies best positioned to contribute to a more digitized, de-carbonized and resource-efficient industrial future.

 

As the world enters an unprecedented phase of growth for electric vehicles, rechargeable lithium-ion batteries and the critical materials within them are crucial for the industry’s success. The lithium-ion battery recycling industry needs innovative and sustainable approaches to solve a broad range of challenges and opportunities. Li-Cycle has conducted intense research and development over many years, supported by substantial investment, in order to develop inherently safe, sustainable, and environmentally friendly approaches for the resource recovery of all types of rechargeable lithium-ion batteries.

 

“We are honoured to be selected from thousands of companies for the 2020 Cleantech 100,” says Ajay Kochhar, President and CEO of Li-Cycle. “As lithium-ion batteries continue to power the electro-mobility revolution, Li-Cycle is proud to play a key role in this transition through making lithium-ion batteries a truly circular and sustainable product.”

 

The list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global 80-member expert panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem. The Global Cleantech 100 program is sponsored by Chubb.

 

“It feels right that our first list of the future-defining 2020s, should see a continued strengthening in the representation of truly impactful and necessary innovations to transform our diets, to enable a more renewable-heavy energy system, and to capture and utilize the vast levels of CO2 we have been freely emitting for decades,” said Richard Youngman, CEO, Cleantech Group. “Also included in our 2020 list are some big and critical shots at solving global problems – from proving out fusion and next-gen batteries to zero carbon aviation.”

 

 

For more information, please contact:

Li-Cycle Corp.
Ajay Kochhar, President & CEO
Telephone: +1 (416) 583-3509
Email: [email protected]

Cleantech Group
Laura Dolby
Email: [email protected]

 

About The Cleantech Group

Cleantech® Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future.

 

The company was established in 2002 and is headquartered in San Francisco with a growing international presence in London. Our parent company, Enovation Partners, is based in Chicago.

 

About Li-Cycle Corp.

Li-Cycle Corp. (Li-Cycle) is on a mission to leverage its innovative solution to address an emerging and urgent global challenge. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, industrial/utility/residential energy storage, and consumer electronic applications. The world needs improved technology and supply chain innovations to better recycle these batteries and to meet the rapidly growing demand for critical and scarce battery-grade materials.

 

Li-Cycle Technology™ is a low cost, safe, environmentally friendly process that can recycle all types of lithium-ion batteries. It can do so with an unparalleled recovery rate of up to 80-100% of all materials. The Company’s industry-leading processing technologies uniquely position it to support a key element of the growing international movement towards zero carbon technologies as part of the circular economy.

 

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