The rise and fall of an EV battery recycler

Lithium-ion battery recycling visionary Li-Cycle is on the cusp of bankruptcy.

Less than two years after hosting Canada's prime minister, the European Union's president, and an array of United States dignitaries eager to visit facilities that represent the future of electric vehicle battery recycling, Li-Cycle Holdings Corp. is struggling to keep its global spoke-and-hub network intact.

While Li-C...