About Universe Energy
Universe Energy focuses on recycling electric vehicle (EV) batteries using advanced robotics and machine perception technology. Their automated systems disassemble and recycle EV batteries, addressing the increasing demand for sustainable recycling solutions as the number of electric vehicles is expected to rise significantly. Unlike traditional recycling methods, Universe Energy's approach minimizes the environmental impact by reducing the need for mining and long-distance shipping of raw materials. The company aims to establish a global network of automated recycling plants, providing services to EV manufacturers and battery producers while selling recovered materials like lithium, cobalt, and nickel back to the industry. Their goal is to support the clean energy movement by becoming a major source of new batteries and ensuring a closed-loop system for battery production.