Canadian battery recycler Li-Cycle puts itself up for sale as cash runs low
Founded in 2016, Li-Cycle expanded rapidly through late 2023, building shredding plants to process battery manufacturing scrap and end-of-life lithium ion batteries from electric vehicles and electronics. (LI-CYCLE)
Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge