Industries
- Environment & Energy (Greentech, Cleantech)
Technology
- Cleantech
- Nanotech
Business Model
- B2B
Revenue Model
- Advertising
- Price per Item
- Subscription
Funding Sources
- Angel
Your pitch & Vision
To be the national leader in sustainable and innovative lithium-ion battery recycling, contributing to the circular economy by reclaiming valuable materials, reducing environmental impact, and supporting the transition to renewable energy sources.
Problem/Opportunity
Nowadays the needs of electric vehicles are increasing in EU and in Hungary in particular. Li-ion battery production for e-vehicles is necessary, however, the materials are finite. Thus, the company comes to provide technological solutions for recycling effectively the batteries to use in a long run
Solution & Product
We create a Next Gen Li-ion Battery Recycling Plant which uses the pyrometallurgy method to recycle the Li-ion batteries. It can bring many benefits such as short process flow, applicable in the market, and compatible with all types of batteries.
Validation of Problem
Our solutions are applicable in the market, which can save the time of research and development and minimize the costs.
Competition & Competitive Advantage
There are competitors from other markets since there had already been some recycling companies from the Western Europe. Being a newcomer, we learn the experiences of previous companies and try our best to update the newer technology and provide more services to make the customer's experience more convenient.
Team & Why Us
Minh Huy Chu: business strategy, Marketing strategy; business development; CEO Aries Lahiry: systems engineering, CEO
It is a company for recycling Li-ion battery which is used in electric vehicles