Moment Energy opens a massive new facility in Vancouver dedicated to transforming retired EV batteries into energy storage solutions, signalling a shift towards industrial-scale reuse and sustainable energy grids.
Moment Energy has opened what it says is the world’s largest electric vehicle battery repurposing facility in Vancouver, a sign that the industry is moving beyond the idea that retired batteries are simply waste to be recycled. The company’s Megafactory 1 is designed to turn used EV battery packs into stationary energy storage systems for data centres, hospitals, factories and microgrids, helping meet the rising need for flexible power capacity.
The project arrives as the number of batteries leaving electric vehicles begins to climb. In a 2023 study cited by industry observers, about 1 million EV battery packs are expected to be retired in 2030, rising to 1.9 million by 2040. The International Energy Agency has estimated that between 100GWh and 120GWh of EV batteries will reach retirement by 2030, roughly matching current annual battery production. That looming volume is pushing manufacturers, utilities and governments to rethink what happens when batteries no longer meet vehicle performance standards but still retain useful storage capacity.
Moment Energy says the Vancouver site will inspect, test and certify incoming batteries before assembling them into commercial battery energy storage systems. The company has positioned the facility as an industrial-scale answer to a problem that has so far remained fragmented, with many second-life battery projects operating at pilot scale or in bespoke deployments.
According to the company, the site is already operating under UL 1974 certification standards for battery repurposing, a key factor in assuring safety and performance for reused cells. Moment Energy has also said the factory is expected to reach 1GWh of annual capacity by 2030 and create more than 100 skilled jobs.
The opening follows a period of rapid financing for the company. Moment Energy said in June that the facility would be operational by the end of the month after a US$40 million Series B round, which lifted its total capital raised to more than US$100 million. It also previously disclosed more than $4.9 million from PacifiCan to expand production of repurposed EV battery systems, alongside a US$20.3 million award from the US Department of Energy for a planned certified repurposing plant in Taylor, Texas.
For industrial users, the appeal is clear. Demand for battery storage is accelerating as renewable generation expands, electricity consumption rises and data centre load grows. Repurposed EV batteries offer a potentially faster and lower-cost route to deployment than manufacturing new cells, while also helping to keep valuable materials in service for longer.
Still, the model has limits. Each battery arrives with a different history, and determining whether it is safe and suitable for a second life requires testing, grading and traceability. The economics also depend on how repurposing compares with recycling at any given point in a battery’s lifecycle. Even so, the Vancouver launch suggests second-life storage is moving closer to a commercial manufacturing model rather than remaining an experimental niche.
For Moment Energy, the bet is that retired EV batteries can become part of the solution to grid strain rather than an emerging waste stream. If Megafactory 1 scales as planned, it could help define a new industrial pathway for battery reuse across North America.
- https://interestingengineering.com/energy/world-largest-ev-battery-repurposing-megafactory – Please view link – unable to able to access data
- https://www.momentenergy.com/news/vancouver-facility – Moment Energy has announced the construction of the world’s largest battery repurposing facility, Megafactory 1, in Vancouver, British Columbia. The facility is set to be operational by the end of June 2026 and aims to transform retired electric vehicle batteries into energy storage systems for critical infrastructure, including data centres, hospitals, factories, and microgrids. This expansion follows a US$40 million Series B funding round, highlighting growing investor confidence in Moment Energy’s role in the future of energy systems.
- https://www.momentenergy.com/news/moment-energy-completes-construction-on-the-worlds-largest-ev-battery-repurposing-megafactory – Moment Energy has officially opened Megafactory 1, the world’s largest EV battery repurposing facility, in Vancouver, Canada. The facility transforms retired EV batteries into cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories, and microgrids. The opening was marked with a ribbon-cutting ceremony attended by customers, partners, investors, and government officials, underscoring the significance of this milestone in scaling domestic energy storage infrastructure.
- https://www.momentenergy.com/news/moment-energy-secures-funding-from-pacifican-to-scale-production-of-repurposed-ev-bess – Moment Energy has secured over $4.9 million from PacifiCan to expand the production of battery energy storage systems (BESS) built from repurposed EV batteries. This funding aims to increase capacity to serve a growing demand of over 5.6 GWh across North America, providing safe, reliable, and affordable BESS solutions. The expansion is part of Moment Energy’s efforts to strengthen grid resilience and stability, particularly for commercial and industrial sites facing rising power demand.
- https://www.momentenergy.com/news/moment-energy-awarded-us-20-3-million-by-us-dept-of-energy-to-establish-first-certified-ev-battery-repurposing-facility-in-the-us – Moment Energy has been awarded US$20.3 million by the U.S. Department of Energy to establish the first UL1974 Certified manufacturing facility in the United States dedicated to repurposing EV batteries. The funding is part of a US$428 million initiative to accelerate domestic clean energy manufacturing in former coal communities. The new facility in Taylor, Texas, will produce safe, reliable, and affordable battery energy storage systems from repurposed EV batteries, addressing critical energy supply chain vulnerabilities.
- https://www.momentenergy.com/news/moment-energy-opens-new-second-life-facility-in-vancouver – Moment Energy is set to commission a facility in Vancouver for repurposing used electric vehicle batteries into stationary battery energy storage systems (BESS). The factory is expected to reach an annual capacity of 1 GWh soon. Unlike conventional battery recycling aimed at recovering raw materials, Moment Energy focuses on ‘second life’ applications, giving decommissioned EV batteries new purposes. The facility is expected to significantly expand Moment Energy’s production capacity to meet the growing demand for BESS solutions.
- https://www.momentenergy.com/news/moment-energy-secures-40m-series-b-to-scale-north-americas-largest-second-life-battery-platform-and-launch-the-era-of-independent-energy – Moment Energy has secured US$40 million in a Series B funding round, bringing its total capital raised to over US$100 million. This funding will support the scaling of North America’s largest second-life battery platform, enabling the company to meet rapidly increasing demand for energy storage solutions. The investment underscores growing investor confidence in Moment Energy’s role in the future of energy systems, particularly in repurposing retired EV batteries for energy storage applications.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The article reports on the opening of Moment Energy’s Megafactory 1 in Vancouver on June 23, 2026. This event is recent and has not been widely reported elsewhere, indicating high freshness. The earliest known publication date of similar content is June 23, 2026, matching the event date. No discrepancies in figures, dates, or quotes were found.
Quotes check
Score:
8
Notes:
The article includes direct quotes from Moment Energy’s CEO, Edward Chiang, and other officials. These quotes are consistent with those found in Moment Energy’s official press release dated June 23, 2026. However, the absence of independent verification of these quotes raises concerns about their authenticity. No earlier usage of these quotes was found, but the lack of independent sources for verification is a significant issue.
Source reliability
Score:
6
Notes:
The article originates from Interesting Engineering, a publication that often aggregates content from other sources. The primary source of the information appears to be Moment Energy’s own press release, which is a self-promotional document. This raises concerns about the independence and objectivity of the reporting. The reliance on a single source without independent verification diminishes the reliability of the information presented.
Plausibility check
Score:
7
Notes:
The claims about the facility’s capacity and the expected number of retired EV batteries by 2030 are plausible and align with industry trends. However, the rapid construction timeline of six weeks from announcement to opening is unusually swift and may be challenging to achieve. The article lacks specific details about the facility’s operational capabilities, which makes it difficult to fully assess the plausibility of the claims.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The article presents information primarily sourced from Moment Energy’s own press release, lacking independent verification from other reputable sources. The reliance on a single, self-promotional source raises significant concerns about the accuracy and objectivity of the reporting. The absence of third-party confirmation and the lack of independent verification make it difficult to assess the credibility of the claims made. Therefore, the content does not meet the necessary standards for publication under our editorial guidelines.
