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Sunday 28 February 2021

LI-CYCLE GOES PUBLIC

One of the biggest issues EV naysayers and fossil fuel shills bring up is the future of each and every EV. “What are we going to do with all of those batteries?” they ask. 

The more informed shills know that they’re asking a disingenuous question, but many other people buy into the argument that batteries cannot be recycled and that we’re walking into an environmental disaster with EVs. So, the thinking goes, let’s just keep rolling coal because that’s somehow better.

Now North America’s largest lithium-ion battery recycling company is going public through a deal with a special purpose acquisition company (SPAC). The new company, Li-Cycle Holdings, will be listed on the New York Stock Exchange as LICY. Jokes about bugs aside, this is important because it shows us that battery recycling is not only possible, but that it’s happening on an industrial scale - Link

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