Tuesday Ticker: Wall Street speculates Rivian results; Li-Cycle receives loan
Toronto, Ontario — In this weekly Tuesday Ticker, analysts speculate Rivian’s impending 2022 Q4 and full year results, while Li-Cycle receives an financial sum from the U.S. Department of Energy. Rivian watch Electric vehicle company Rivian is set to announce its 2022 Q4 and full year results on Tuesday after the markets close. The company […]
EV/AV Report: December 27, 2021
Toronto, Ontario – In this week’s electric and autonomous vehicle report, a Swiss startup is taking the video gaming experience on the road, Honda is making life a little more fun for hospitalized children in California and Li-Cycle has partnered up with U.K. EV developer, Arriva. Mobile Gaming A Swiss company is hoping to bring […]
Scrap B-Gone: GM’s Ultium Cells partners with Li-Cycle for battery recycling
Toronto, Ontario — Ultium Cells, General Motors and LG Energy Solutions joint venture, has partnered with Li-Cycle to recycle up to 100 percent of material scrap from battery cell manufacturing at Ultium’s Lordstown, Ohio mega-factory, the companies announced Tuesday. “Our combined efforts with Ultium and GM will be instrumental in redirecting battery manufacturing scrap from […]
Triple Threat: Li-Cycle plans third battery recycling facility in North America
Phoenix, Arizona — Canadian startup Li-Cycle Corp. plans a third battery-recycling facility in North America, doubling its capacity in the region as the global electric-vehicle boom gathers momentum. The centre, to be located near Phoenix, will be capable of processing up to 10,000 metric tons of end-of-life batteries and battery-manufacturing scrap per year, said Li-Cycle; […]
Tuesday Ticker: April 6, 2021
Toronto, Ontario — Li-Cycle announces its participation in a run of investor events, Tesla reports strong sales numbers in spite of microchip shortage and FCA also releases it’s Q1 financial report, in this week’s Tuesday Ticker. Investor Circuit Li-Cycle announced that it plans to participate in several upcoming investor events, beginning this week. The company […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]
Investing in clean technology
By Lindsey Cooke Toronto, Ontario — October 5, 2018 — Li-Cycle, one of the clean technology companies that looks after the recycling of lithium-ion batteries, commonly known as those found in electric vehicles, has received funding for a pilot plant to continue a better recycling process. The Sustainable Development Technology of Canada (SDTC) provided Li-Cycle with […]
What about recycling EV batteries?
By Lindsey Cooke Toronto, Ontario — August 30, 2018 — As electric vehicles are becoming more of a hot commodity, it is important to understand how their batteries are recycled. The most common battery in standardized/internal combustion engine vehicles is a lead acid battery, which is typically used as the car’s starter batter. However, electric vehicles (e.g. hybrid, […]
