We've just been awarded $500,000 from CEBIC’s Circular Economy Business Support Fund to expand our operation. CEBIC is the Circular Economy Business Innovation Centre, run by Sustainability Victoria with support from the State Government of Victoria.
We're very grateful for Sustainability Victoria's ongoing support in building a circular economy for EV batteries in Australia.
Sustainability Victoria’s Interim CEO, Matt Genever says, “The Infinitev initiative is the first of its kind to adopt a circular economy business model to create Australia’s first scalable reuse and recycling program for retired lithium-ion batteries from electric vehicles.”
We could not have said it better ourselves. Read the full press release here: https://www.cebic.vic.gov.au/news/news-articles/infinitev-program-adopts-circular-economy-business-model-for-ev-battery-recycling.