Moment Energy Completes Construction on the World's Largest EV Battery Repurposing Megafactory
The Surrey plant will turn retired EV batteries into storage systems for critical infrastructure and is expected to create more than 100 direct jobs.
- On Tuesday, June 23, 2026, Moment Energy officially opened Megafactory 1 in Surrey, British Columbia, establishing the world's largest facility for repurposing electric vehicle batteries into energy storage systems.
- The facility launched just six weeks after the project was announced to address surging electricity demand across North America driven by AI, data centers, and grid modernization.
- Pacific Economic Development Canada contributed a $4.9 million investment, adding to Moment Energy's recent US$40 million Series B financing round that brought total funding to more than $100 million.
- The Surrey factory is expected to produce 1 GWh of battery energy storage by 2030, creating more than 100 direct jobs and supporting more than 1,000 indirect jobs across British Columbia.
- Co-Founder and CEO Edward Chiang stated the company demonstrates that technology can enable North America to re-onshore domestic manufacturing in weeks, not decades, while creating thousands of jobs.
11 Articles
11 Articles
World’s largest EV battery repurposing facility opens in Surrey - Grand Forks Gazette
Moment Energy now operates what the company calls the world’s largest EV battery repurposing facility at a Bridgeview industrial building. The new facility, dubbed Megafactory 1, transforms retired EV batteries into “cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids,” the company boasts. At 12850 112B Ave., a ribbon-cutting event Tuesday (Ju…
World’s largest EV battery repurposing facility opens in Surrey - Vanderhoof Omineca Express
Moment Energy now operates what the company calls the world’s largest EV battery repurposing facility at a Bridgeview industrial building. The new facility, dubbed Megafactory 1, transforms retired EV batteries into “cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids,” the company boasts. At 12850 112B Ave., a ribbon-cutting event Tuesday (Ju…
World’s largest EV battery repurposing facility opens in Surrey - Northern Sentinel
Moment Energy now operates what the company calls the world’s largest EV battery repurposing facility at a Bridgeview industrial building. The new facility, dubbed Megafactory 1, transforms retired EV batteries into “cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids,” the company boasts. At 12850 112B Ave., a ribbon-cutting event Tuesday (Ju…
Williams Lake Tribune
World’s largest EV battery repurposing facility opens in Surrey
Moment Energy now operates what the company calls the world’s largest EV battery repurposing facility at a Bridgeview industrial building. The new facility, dubbed Megafactory 1, transforms retired EV batteries into “cost-effective, rapidly deployable energy storage systems that support critical infrastructure, including data centres, hospitals, factories and microgrids,” the company boasts. At 12850 112B Ave., a ribbon-cutting event Tuesday (Ju…
Daily Journal
PR NewswireMoment Energy Completes Construction on the World's Largest EV Battery Repurposing Megafactory
Megafactory 1 completed on schedule, expanding Moment's manufacturing footprint in North America and enabling it to address rapidly increasing demand for power across sectors
Moment Energy Opens World’s Largest EV Battery Repurposing Megafactory
Moment Energy has officially opened Megafactory 1 in Surrey, bringing new battery energy storage manufacturing capacity online just six weeks after announcing the project. The Vancouver-founded cleantech company says the facility is the world’s largest EV battery repurposing facility, designed to transform retired electric vehicle batteries into energy storage systems for sectors facing rising power demand, including data centres, hospitals, fac…
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