Company Overview

About

Princeton NuEnergy (“PNE”) is a U.S.-based innovative clean-tech company spun out from Princeton University in 2019 and focused on the direct recycling of lithium-ion batteries (LIBs) from electric vehicles (EVs) and consumer electronics. This method of recycling LIBs uses a novel LPAS® (low-temperature plasma-assisted separation) process capable of producing high-quality regenerated cathode and anode materials from spent LIBs via direct separation, purification, and repair.

Our Mission

To deliver a cost-efficient, environmentally friendly lithium-ion battery recycling solution and to solve the current industry pain point of high-operational cost battery recycling and improve battery recycling efficiency and purity. The aim is to leverage the global EV and LIB market trends; the battery recycling market is expected to reach over $43 billion. PNE’s technology brings new opportunities to recycle batteries with high energy efficiency, cost-effectiveness, and low environmental impact, thus accelerating the electrification of transportation and large-scale energy storage for renewable energy in the near future.

Our ESG Goal

Our technology presents a 70% reduction in water usage, reduced footprint, low gas and liquid waste, 80% reduction in energy and CO2 GHG. Compared with Virgin materials, our technology will achieve 48% in cost reduction (per kg cathode produced) and 29% compared with hydrometallurgical battery recycling.