B.C.’s Moment Energy lands $40M to scale EV battery repurposing at planned Texas gigafactory

Artist’s rendering of Moment Energy’s planned Austin, Texas, gigafactory. (Moment Energy Image) Moment Energy , a British Columbia-based startup repurposing used electric vehicle batteries, has announced a $40 million investment to help fund construction of a massive factory in Texas and more than triple its headcount. The company, headquartered just outside Vancouver, has now raised more than $100 million in total.