UPDATED WITH INTERVIEW: Moment Energy plans to launch the world's largest battery repurposing facility in Vancouver in just six weeks, with the aim of starting operations in June. 

Fresh off a US$40-million fundraise a week ago, the Coquitlam-based company said it expects to produce one gigawatt-hour (gW-h) of battery systems by 2030 by reusing discarded electric vehicle (EV) batteries. Moment anticipates hiring more than 100 skilled workers in the first five years of the facility's operations.

Moment is upgrading the electricity capacity of the facility over the course of six weeks to meet the needs of its operations. The shell of the building is finished, Edward Chiang, CEO and co-founder of Moment, said in an interview with Sustainable Biz Canada.

The company can work quickly because it is not manufacturing battery cells, he explained. “We’re not taking raw lithium, cobalt, manganese, battery critical minerals, we’re not rolling them into battery cells.” Instead, it is repurposing EV batteries that are already finished.

The boost to its manufacturing will allow Moment to meet increasing demand for energy storage from data centre operators, industrial clients and utilities, the company said in a release Wednesday afternoon.

“The retrofitting, it’s ambitious. Six weeks is really hard. Everybody here is running around like their hair is on fire, but it’s needed,” Chiang said.

Giving EV batteries a new life

Moment refurbishes used EV batteries and fits them into scalable enclosures, giving those batteries a second life as energy storage devices. Its products include Full Luna and Half Luna, equipment with one megawatt-hour or 400 kilowatt-hours of capacity, respectively.

Moment’s business offers a way to divert an EV battery waste stream that is anticipated to swell in the coming years. As more EVs hit the roads, millions of batteries will be thrown away as they lose range beyond what is desirable.

Instead of trashing or recycling hundreds of gigawatt-hours of batteries, Moment is promoting a solution to quickly and sustainably reuse the devices. The company says its pack-swapping architecture can double a battery system’s lifespan to 30 years.

The Vancouver facility is designed to operate as a fully vertically integrated system, Moment said, managing the life cycle “from battery intake and testing through to integration and deployment.” This, the company added, ensures a domestic supply chain for batteries.

Moment’s Texas gigafactory

The proposed facility is to supplement Moment’s 20,000-square-foot manufacturing hub in its Coquitlam headquarters, which entered full-scale production last year to approximately 100 mW-h of energy storage capacity per year.

Moment has grander plans in Texas, where it has set the groundwork for a 200,000-square-foot gigafactory in Taylor. The U.S. Department of Energy is supporting Moment on the project and awarded it US$20.3 million in funding. The facility is expected to be operational in 2028 and produce one or more gigawatt-hours of energy storage systems per year, Chiang said. 

"We're working with pretty much every automaker as their trusted partner," he said in an interview with Sustainable Biz Canada in 2025 about its Texas plans. "Honestly, we have more than enough supply than we know what to do with. We only pay if the automaker has disassembled these batteries and ensured a certain quality."

Moment plans to announce "massive" contracts and expansion updates, Chiang said.

Editor’s note: Moment has clarified the six-week timeframe is for the upgrading of the building’s electricity capacity, not the construction.