Porsche-backed German start-up Cylib breaks ground on battery recycling plant
German battery recycling start-up Cylib, which counts Porsche and Bosch as backers, broke ground on its first European industrial plant in western Germany, the company said on Monday.
The 236,000-square-foot industrial plant at Chempark Dormagen, between Duesseldorf and Cologne, is set to commence operations in 2026, with a recycling capacity of 30,000 tons of end-of-life batteries per year, according to Cylib.
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Porsche-backed German start-up Cylib breaks ground on battery recycling plant, source
