Porsche-backed German start-up Cylib breaks ground on battery recycling plant
- German battery recycling start-up Cylib, which counts Porsche and Bosch as backers, broke ground on its first European industrial plant in western Germany, the company said on Monday.
The facility is set to serve clients from the automotive, battery manufacturing, and chemical industries, and "closes the loop" in the circular value chain in Germany, it said.
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