Revolutionizing Recycling in the Energy Sector
The dawn of a new era has emerged in the energy sector as Flux Power Holdings, Inc. (NASDAQ: FLUX) shakes hands with a prominent critical battery components recycling entity in the U.S. This alliance represents a monumental stride in Flux Power’s unwavering dedication to environmental consciousness.
New Age Recycling for Lithium-ion Batteries
Designed to establish a circular supply chain for electric vehicles and clean energy products, Flux Power’s recycling collaborator is set on elevating sustainability levels and driving down battery costs. By innovating technologies that expand the usage of recycled and sustainable materials in the global battery supply chain, they pave the way for a greener tomorrow.
Pioneering Sustainability Through Innovation
With a surge in battery recycling demand mirroring Flux Power’s rapid expansion, the company acknowledges the critical need to address the recycling requirements of products distributed over the past decade. Through their existing recycling scheme, Flux Power diligently disassembles returned battery packs, ensuring the responsible recycling of various components.
A Leap Forward in Environmental Responsibility
“This partnership kickstarts the process of receiving and recycling these cells and modules,” says Ron Dutt, Flux Power’s CEO. Allying with an industry leader in recycling underscores Flux Power’s dedication to championing innovation and excellence in reclaiming valuable materials. The collaboration supports a closed-loop supply chain, thus propelling a more sustainable future and endorsing global electrification endeavors.
Commitment to Environmental Stewardship
At the core of Flux Power’s mission is a commitment to aiding customers in reducing their carbon footprint and enhancing their Environmental, Social, and Governance (ESG) performance. This novel partnership reaffirms their allegiance to sustainability and environmental stewardship, showcasing the company’s proactive stance in abating environmental impact.
