Li-Cycle is solving the global end-of-lifecycle lithium-ion battery problem and meeting the demand for critical battery materials. By 2040, an estimated 559 million electric vehicles will be on the road worldwide. Furthermore, the capacity of global lithium-ion battery energy storage installations is projected to skyrocket over 50 times during that same time. While lithium-ion batteries continue to play an increasingly critical role in the global transition toward electrification, the world lacks a viable option for dealing with the rapidly growing volumes of spent lithium-ion batteries. Li-Cycle® provides a solution for this gap through an innovative and sustainable resource recovery process.