BeePlanet Factory: Recycling EV batteries as a sustainable, profitable business

©BeePlanet Factory

With 4kWh–200kWh residential and industrial battery packs, the Pamplona-based startup wants to scale its energy storage solutions in the agri-food sector, camping sites and mountain huts

More than 5m electrical-vehicle (EV) batteries are now in use around the world. By 2030, this number is forecast to reach 125m. If not properly managed, there will be a dramatic increase in the number of end-of-life batteries to be disposed of, potentially creating a huge waste problem. For BeePlanet Factory, that’s a business opportunity.Founded in 2018 and bootstrapped with an initial capital of €300,000, BeePlanet Factory’s business model is built on the reuse of EV batteries for domestic and industrial uses.  Founders, Jon Asín (CEO), Agustín Idareta (COO) and Carlos Llonis (CSO), all...
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Edited by S. Mani

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