In 2020, four engineers started in a garage; now they repurpose EV batteries
Moment Energy has opened a large-scale manufacturing plant in British Columbia to repurpose retired electric vehicle batteries. The facility converts these batteries into energy storage systems for data centers, hospitals, and remote microgrids.
Why it matters
This initiative addresses the growing challenge of EV battery waste while providing sustainable, cost-effective energy storage solutions for critical infrastructure.
Six years after four engineering graduates began experimenting with used electric vehicle batteries in a British Columbia garage, their clean technology company has opened the largest second-life battery manufacturing plant of its kind. Moment Energy, founded in 2020 by Simon Fraser University graduates Edward Chiang, Gabriel Soares, Gurmesh Sidhu and Sumreen Rattan, has officially opened Megafactory 1 in the Vancouver region. The facility takes retired electric vehicle batteries that might otherwise end up in landfills and turns them into large-scale energy storage systems. The reused battery systems are now being used for backup power and energy storage at data centres, hospitals, manufacturing plants and remote microgrids across North America. The opening marks a major step forward for a company that began as a university spin-out project.
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