Innovation happens when the right resources, people, and passion come together to address a challenge. With the Lithium-Ion Battery Recycling Prize, teams of creative individuals, entrepreneurs, and businesses will advance conceptual solutions to prototypes and finally to pilot demonstrations to address challenges with the lithium-ion battery recycling supply chain. The goal of this $5.5-million phased prize competition is to develop and demonstrate processes that, when scaled, have the potential to capture 90% of all discarded or spent lithium-ion batteries in the United States for eventual recovery of key materials for re-introduction into the U.S. supply chain.
In Phase II, the 15 winning teams from the Phase I Contest will advance their winning concepts into end-to-end solutions that demonstrate a viable business model that can be scaled. An end-to-end solution, for the purposes of this contest, collects lithium-ion batteries at the end of their useful life and delivers them to a facility where they can be recycled. The proposed solution may or may not include an intermediate step for secondary use. Phase II submissions should include all four Phase I tracks (Collection, Separating and Sorting, Safe Storage and Transportation, and Reverse Logistics) in a single solution.
Up to 10 winners in Phase II will be awarded up to $2,500,000 distributed equally among each winner. In addition to the cash prizes, winners will also receive a non-cash prize of up to $100,000 in vouchers that may be redeemed at national labs and qualified members of the American-Made Network. Voucher funds can be used to validate or support the demonstration of a full end-to-end solution during the Phase III contest.
The three phases of contests will fast-track efforts to find innovative solutions to solve current challenges associated with collecting, sorting, storing, and transporting spent/discarded lithium-ion batteries for eventual recycling.
Phase II submissions should include the four Phase I tracks in a single solution. Tracks are not meant to encompass all the challenges associated with increasing the volume of the lithium-ion battery recycling supply chain, but to offer pathways to approach the challenges. The tracks are further explained below:
Per the Phase I Rules, only Phase I winners may compete in Phase II. This is due to the structure of the contest, which allows participants to advance their solutions further in each phase.
Interested parties can still participate in the contest by either partnering with a winning team to compete in Phase II or by joining the American Made Network. In addition to the cash prize, winning teams of Phase II will receive $100,000 in vouchers to access tools, equipment, and expertise from Voucher Service Providers within the network.
For more information about the Lithium-Ion Battery Recycling Prize, refer to the official rules.