by admin
Share
by admin
Share
This information is sourced from nextcyclemichigan.com.
The NextCycle Michigan Showcase took place October 6-7, 2022, in collaboration with the Michigan Recycling Coalition (MRC) ‘Season of Innovation: Fall into Recycling’ event. The NextCycle Showcase is the closing milestone for participating teams and an opportunity to highlight the innovative initiatives accelerated through the program which are advancing recycling, recovery, and reuse projects across Michigan. This year there was $51,600 in prize money awarded to NextCycle Teams in addition to a special announcement made by EGLE Director, Liesl Clark, announcing $4.5M in grants being awarded to NextCycle Teams and Partners.
Clark reflected in her opening remarks during the award ceremony, “The [NextCycle] solutions demonstrated here these past two days—and the significant investments we have made together recently to grow a robust circular economy—reflect that same spirit and emphasis on building a stronger, healthier, more prosperous and equitable Michigan.”
An experienced team of entrepreneurs, investors, and industry leaders were invited to help judge the Showcase to allocate the prize funds to NextCycle Teams. They gave feedback to the finalists and ultimately choose the 2022 Showcase winners.
Centrepolis Accelerator Award
The Centrepolis Accelerator Award goes to Recharge Recycling. This team is developing a phased approach to collect, discharge, test, refurbish and ultimately process and recycle Lithium-ion batteries from electric vehicles and other sources.
STAY IN THE LOOP
Subscribe to our free newsletter.
Electric cars may still be a small percentage of overall sales in America but that percentage is growing every month as these innovative means of personal transportation continue to gain popularity. One of the strongest arguments against EVs is that the batteries will just end up in a landfill. While most EV car batteries are not ready for retirement, many car companies are planning and preparing to be able to recycle those end-of-life lithium-ion batteries, keeping them out of the landfills and reusing the raw materials to produce new batteries which will ultimately make EVs more sustainable and affordable.
Electric cars may still be a small percentage of overall sales in America but that percentage is growing every month as these innovative means of personal transportation continue to gain popularity. One of the strongest arguments against EVs is that the batteries will just end up in a landfill. While most EV car batteries are not ready for retirement, many car companies are planning and preparing to be able to recycle those end-of-life lithium-ion batteries, keeping them out of the landfills and reusing the raw materials to produce new batteries which will ultimately make EVs more sustainable and affordable.
To help avoid a climate catastrophe, we need to electrify every corner of our lives and economy using clean energy — an attempt to undo centuries’ worth of damage to our planet wrought by our reliance on fossil fuel energy. An electric future will also improve national security by reducing our need for oil from other nations.
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling.
