Tackling Production Scrap from Gigafactories
The Challenge: With the rapid expansion of gigafactories to meet global lithium-ion battery demand, a hidden challenge emerges – significant production scrap.
Up to 10% of lithium-ion batteries produced end up as scrap, amounting to thousands of tons annually.
Our Solution: We specialize in lithium ion battery recycling, reclaiming valuable materials like lithium, cobalt, and nickel. This not only reduces waste but also salvages resources worth millions, paving the way for sustainable and economical battery production.
Confronting the Environmental Crisis of Battery Disposal
The Problem: Over 2 million tons of lithium-ion batteries are discarded each year worldwide, with less than 5% li ion battery recycling.
These batteries, rich in toxic elements, contribute to over 70% of heavy metals in landfills, risking severe soil and water contamination.
Our Response: Our startup utilizes advanced recycling techniques to safely decommission and repurpose up to 95% of these batteries' components. As one of the trendsetting battery recycling companies, we aim to prevent the release of about 1,500 tons of hazardous waste annually through this initiative. Our goal is to reduce ecological footprints and supporting a circular economy.
The Cost and Impact of Mining
Mining lithium, an essential battery component, is not only cost-intensive but also water-intensive.
It's estimated that mining 1 tonne of lithium consumes approximately
500K
gallons of water, leading to drastic ecological imbalances.
Li+Ve stands at the forefront of addressing these multifaceted environmental challenges, revolutionizing battery recycling for a greener tomorrow.