Electrification plays an important role in creating sustainable energy. But the lithium-ion batteries used in cars and other energy systems have a significant ecological footprint and most of the batteries do not get recycled efficiently. Cling Systems is the company that wants to change that. By creating a marketplace for used batteries, more batteries can be reused and recycled, leading to a reduction of emissions in the energy sector.
The energy sector stands for almost 75% of the global CO2 emissions. To reduce the negative impact on the planet and reach the goals set up in Agenda 2030, the energy sector needs to cut its emissions and one solution is electrification.
Lithium-ion batteries are key for the electrification of the energy system, but these batteries cause significant ecological as well as social and geopolitical challenges throughout their linear supply chains. At the same time, electric vehicle batteries, for example, mostly end up at scrapyards or in private households after they have been used in the vehicle.
A market platform for used batteries
This is where Cling System comes in. By coupling each used lithium-ion battery with its material content and location in their B2B market platform, the company can enable the most optimal circularity of batteries.
The value creation is comprised of three critical offerings: aggregated batteries, structured and comprehensive data and simple and safe logistics.
Cling believes that collaboration and joint efforts are crucial to create a better recycling system. By eliminating friction within the industry, the most optimal circularity of batteries can be reached.
An online mine
Cling’s solution attracts international players needing a comprehensive supply of batteries and reliable data to accelerate growth. By aggregating industry-wide data, Cling Systems is quickly becoming the world’s first decentralised online mine and creates a win-win-win for industry, society and the planet.