Moment Energy repurposes retired electric vehicle (EV) batteries into energy storage systems. It refurbishes used batteries and assembles them into modular storage solutions, which can be deployed to supply high-speed, sustainable charging and grid storage. The company is distinguished by being the first in North America to obtain UL 1974 certification, validating the safety and efficiency of repurposed batteries, and by real-world deployments such as a battery energy-storage system at YVR airport. Unlike vendors that rely on new cells, Moment Energy focuses on repurposing existing batteries to offer an affordable, lower-emission alternative for energy storage, while delivering reliable discharge capabilities. The goal is to expand access to sustainable energy storage, reduce greenhouse gas emissions, and support clean energy adoption by providing cost-effective, certified battery storage solutions.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$112.3M
Headquarters
Coquitlam, Canada
Founded
2019
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