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GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem

MONTREAL AND DETROIT – Lithion Recycling Inc. (“Lithion”) and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology. This collaboration …

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Lithion won 3 awards at the ESTim Gala of the Chamber of Commerce of Eastern Montreal.

MONTREAL, (Quebec), May 6, 2022 – The ESTim Gala of the Chamber of Commerce of Eastern Montreal is the culmination of the ESTim 2022 Competition. The Gala is an evening to unveil the award winners. This evening is an opportunity to recognize the outstanding achievements of members of our community. Through their commitment and their …

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Lithion Recycling Receives $22.5 million in Funding from the Quebec Government

MONTREAL, QC, April 1, 2022 – Lithion Recycling Inc. (“Lithion”) is proud to announce $22.5 million dollars in funding from the Quebec government, including a 15 million equity investment in the company’s capital stock through Investissement Québec and $7.5 million in grants from the Fonds d’électrification et de changements climatiques. Lithion also received funds earlier …

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Lithion Recycling and UgoWork sign a collaboration agreement for the recycling of forklift batteries

MONTREAL, QC, SEPTEMBER 14, 2021 – Lithion Recycling (“Lithion”) and UgoWork are pleased to announce the signing of a collaboration agreement (the “Agreement”) for the recycling of lithium-ion batteries developed by UgoWork for the material handling market. The agreement includes recycling tests of several generations of batteries produced by UgoWork at Lithion’s demonstration plant. In …

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What types of lithium-ion batteries can be found in EVs?

MONTREAL, QC, June 23, 2020 – Lithium-ion batteries have become the most widely used technology by automakers for electric vehicles. Over the years, many factors have propelled this technology to the forefront, such as its power-to-weight ratio, high energy density and low self-discharge. However, did you know that today there are many different types of …

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$4.8 million grant to develop lithium-ion battery recycling technology

MONTREAL, QC, December 17, 2019 – This is a nonofficial translation of the press release published Tuesday, December 10, 2019 Montreal (Anjou), December 10, 2019 – The Government of Quebec is proud to grant financial assistance of $4,842,000 to Lithion Recycling Inc. for its Lion project, which will develop a technology for recycling lithium-ion batteries. …

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