Moment Energy opens 1 GWh second-life EV battery factory in six weeks
By Eve
Moment Energy has opened Megafactory 1 in Vancouver, BC, which it claims is the world's largest second-life EV battery factory, just six weeks after announcing the project. The facility repurposes retired EV batteries into commercial-scale battery energy storage systems for data centres, hospitals, factories and microgrids. The company expects the factory to produce 1 gigawatt hour of battery energy storage systems annually by 2030 and create more than 100 direct jobs plus over 1,000 indirect jobs across British Columbia.
Why it matters: The rapid deployment demonstrates a scalable model for meeting surging energy storage demand while creating a new supply chain for repurposed EV batteries, offering procurement teams an alternative to new battery systems for stationary applications. The 1 GWh annual capacity target by 2030 signals growing availability of second-life battery storage solutions for critical infrastructure projects.