Carrie Hampel – electrive.com

Budding battery recycler Cylib raises 55 million euros

The battery recycling start-up Cylib, which was spun out of RWTH Aachen University, has completed a Series A financing round totalling 55 million euros. An initial pilot line in Aachen will soon be followed by a larger brownfield facility in Germany. The investors are well-known.

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Commercial Vehicles

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