Latest cylib News & Updates

See the latest news and media coverage for cylib. We track all announcements, press releases, and industry mentions in real time, all in one place.

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cylib

End-to-end lithium-ion battery recycling company

cylib.de
Headquarters
Aachen, Germany
Company type
Private company
Number of employees
100–200

Last updated

Latest news about cylib

In short: cylib advanced industrial battery recycling across Europe, securing EU strategic status, €63.4M funding, and key partnerships.

Company announcements

cylib

cylib receives €63.4M funding

Germany and North Rhine-Westphalia officials presented the grant certificate to Co-CEO Gideon Schwich for the Dormagen battery recycling facility. It supports Europe's circular economy.

cylib

cylib secures €63.4M grant for LFP recycling facility

The funding from German BMWE enables Dormagen facility expansion to 60,000 tonnes capacity, starting 2027. It creates 180 jobs and boosts Europe's battery independence.

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Media coverage

Yahoo

Company announces gargantuan factory set to transform how we use old EV batteries: 'This validates our superior technology'

Making EV batteries easier to recycle makes them more appealing to buy. A survey by the European Alternative Fuels Observatory revealed that more than half...

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