New
With Momentum

Recyclus Group

The AI engine Fit Assessment

Beta

Recyclus focuses on battery circularity and chemistry solutions while also catering to commercial fleets through its recycling services.

Blurb

Recyclus Group is focusing on the delivery of national end-to-end recycling of Li-ion and lead-acid batteries.

HQ Location

London (United Kingdom)

Founded

2019

Employees

11 - 50

Total funding raised

$2.54M

Funding Status

Grant, $65.83K, August 29, 2024

Recyclus Group is providing a national battery recycling initiative to support the global energy transition, the mass adoption of electric vehicles (EVs), and the movement towards carbon neutrality.



As we establish the UK’s first industrial-scale lithium-ion battery recycling operation, our battery recycling capabilities will prove essential in the shift from fossil fuels to electric transportation. With more and more automotive manufacturers now switching production from internal combustion engines (ICE) to EV transport, the recycling of lithium-ion batteries has become critical if we are to meet demand and address the impending bottleneck, to allow for the mass rollout of EVs.



This initiative couldn’t have come at a better time, as we move ever closer to the 2030 deadline—at which point the sales of all new ICE vehicles in the UK will be banned and replaced with EVs and Hybrids.



Recyclus Group is well placed to provide the required strategic support in the UK battery recycling sector, in order to contribute to the stable supply of battery metals that is fundamental to the widespread adoption of EVs.