Recyclus Group Revenue and Competitors

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. \n\nAs 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. \n\nThis 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.\n\nRecyclus 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.