Li-Cycle Holdings Corp., an industry leader in lithium-ion battery resource recovery and recycling in North America, has been named the winner of Fast Company’s inaugural Next Big Things in Tech list.
Fast Company’s Next Big Things in Tech highlights new technology breakthroughs that are expected to help define the future of the industries they serve. Li-Cycle Spoke & Hub Technologies™ were selected as the winner from a long list of applicants, including global giants, intrepid growth companies, and research that’s fresh from the labs.
The lithium-ion batteries that power our phones and computers are made from precious, hard-to-mine metals, but when we’re done with the devices their batteries usually end up in the landfill. Li-Cyle’s low-cost, low-emissions recycling method is able to save up to 95% of the components from these batteries for future use.
“We are thrilled to have Li-Cycle and our lithium-ion recycling technologies receive recognition from Fast Company,” said Li-Cycle’s President, CEO, and co-founder, Ajay Kochhar (ChemE 1T3). “We look forward to continuing to disrupt the lithium-ion battery recycling industry as we continue to scale our commercial, proven, and safe lithium-ion recycling technologies.”
“Fast Company is thrilled to highlight cutting-edge technologies that are solving real-world problems in unexpected ways. From climate change and public health crises to machine learning and security, these technologies will certainly have a profound impact on the future, and we’re honored to bring attention to them today,” says Stephanie Mehta, editor-in-chief of Fast Company.
Click here to see the final list. The Winter 2021/2022 issue of Fast Company is available online and in newsstands this week.