Battery recycling startup Tozero bags €11M to boost Europe’s lithium supply

Quick Summary:

Today everything from EVs to smartphones depends on it, with demand skyrocketing.  But lithium is rare, most of it comes from unstable markets outside Europe, and its extraction can cause extensive pollution.

In 1991, Sony brought the first rechargeable lithium-ion battery to market.

We need more lithium to enable the green transition and yet, currently, its use is unsustainable — both environmentally and economically.

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Article Details

Author / Journalist: Siôn Geschwindt

Category: Technology

Markets: NetherlandsJapanSouth Africa

Topics: Next Featured Sustainability Battery Startups and technology

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 12:06:33 (3 days ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 683 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 23604012

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About The Next Web

Main Topics: Technology

Official Website: thenextweb.com

Year Established: 2006

Headquarters: Netherlands

News Last Updated: 1 days ago

Coverage Areas: Netherlands

Ownership: Independent Company

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Publisher ID: #13

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