Share of lithium-ion batteries recycled by Li-Cycle 2022, by source
Lithium-ion batteries used in transportation applications made up the largest share of Li-Cycle's battery intake for recycling in financial year 2022, accounting for some 41 percent. Energy storage systems ranked second, with a share of roughly 25 percent. Li-Cycle is a Toronto-based recycling company specializing in the recovery of minerals from lithium-ion batteries.