Startup Series: Moment Energy

Today's guest is Edward Chiang, Co-Founder & CEO of Moment Energy. Eddy co-founded Moment Energy in 2019. He was a member of NEXT 36, a cohort of NEXT Canada, a non-profit that develops exceptional talent to create world-class ventures and propel technology adoption. Eddy holds a BASc in Mechatronics Systems Engineering from Simon Fraser University. Moment Energy provides affordable, performant, and reliable energy storage by repurposing retired electric vehicle (EV) batteries. The company is working with major automotive companies, including Nissan and various utilities, to take advantage of the 80% remaining capacity in retired EV batteries to provide cost-advantaged and robust grid storage solutions for facilities located in major markets. In this episode, Eddy walks me through how he and his co-founded started Moment Energy, Moment's progress to date, and how he first came to care about the problem of EV battery recycling. We also dive into the existing policy around end-of-life care of batteries, what motivates EV manufacturers to work with Moment, and where safety, ethics, and sustainability fit into the customer decision-making process. Eddy is a great guest, and the Moment Energy story is fantastic for MCJ listeners. Enjoy the show! You can find me on twitter @jjacobs22 or @mcjpod and email at [email protected], where I encourage you to share your feedback on episodes and suggestions for future topics or guests. Episode recorded January 31st, 2022