Canadian battery technology company Moment Energy is preparing to open a new facility in Vancouver dedicated to repurposing retired electric vehicle batteries for stationary energy storage applications.
The plant, which is expected to begin operations later this month, will have an annual production capacity of up to 1 GWh and is designed to support growing demand for battery energy storage systems (BESS) from commercial, industrial and utility customers.
The facility represents a significant expansion of Moment Energy’s second-life battery business and follows the company’s recent Series B funding round, which raised $40 million and brought total capital raised to more than $100 million.
Focus on Battery Repurposing
Unlike conventional battery recycling operations that recover raw materials such as lithium, cobalt and nickel, Moment Energy’s business model centers on extending the useful life of electric vehicle batteries.
The company repurposes batteries that are no longer suitable for automotive use and integrates them into stationary energy storage systems.
This “second-life” approach is intended to maximize the value of battery assets before they ultimately enter the recycling stream.
As electric vehicle adoption grows globally, interest in second-life battery applications has increased as a way to support energy storage deployment while reducing waste.
Partnership With Mercedes-Benz Energy
Moment Energy has worked with Mercedes-Benz Energy since 2022 to source retired battery packs.
According to the company, many of the batteries currently used in its systems originate from test vehicles and accident-damaged electric vehicles, as relatively few mainstream EV batteries have yet reached the end of their operational automotive life.
The batteries are evaluated, repurposed and integrated into stationary storage products designed for a variety of energy applications.
Expanding Energy Storage Capacity
The Vancouver facility is expected to increase Moment Energy’s manufacturing capacity substantially as demand for energy storage systems continues to grow.
The company said its battery systems are being deployed by customers including data centers, industrial operators and energy providers seeking to improve energy resilience and manage electricity demand.
Battery energy storage systems are increasingly being used to support renewable energy integration, provide backup power and help stabilize electricity networks.
Growing Second-Life Battery Market
The launch comes amid increasing industry interest in second-life battery technologies as governments and businesses seek more sustainable approaches to battery lifecycle management.
By extending the operational life of electric vehicle batteries, companies such as Moment Energy aim to reduce material waste while providing lower-cost energy storage solutions.
The new facility positions the company to scale production as larger volumes of used electric vehicle batteries become available in the coming years, supporting the development of a growing market for second-life energy storage systems.