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310 German company Cylib receives €26M to turn old EV batteries into new materials

Silicon Canals
Vishal Singh @ Silicon Canals · 09/24/2025 06:03 EDT

German company Cylib receives €26M to turn old EV batteries into new materials

Cylib, a German battery recycling company, has received funding to build a lithium-ion battery recycling facility in North Rhine-Westphalia. Aachen-based Cylib, a German sustainable end-to-end battery recycling company, has received €26.1M in funding.  The investment came from the European Union ERDF/JTF programme in North Rhine-Westphalia (NRW) to construct a lithium-ion battery recycling facility at CHEMPARK ... Read more

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