Connected Energy and Altilium, leaders in battery recycling, are joining forces to enhance industry standards amid the growing electric vehicle market.
The collaboration promises advancements in recycling processes and aims to set a precedent for responsible resource management in the EV sector.
Connected Energy and Altilium have announced their strategic partnership to set benchmarks in the electric vehicle battery recycling sector. This collaboration aims to create innovative business models that maximise value from used EV batteries. By working together on a £30.1m project with Nissan, they plan to revolutionise the industry standards.
Connected Energy is renowned for building commercial energy storage systems through its E-STOR units which utilise Renault Kangoo batteries. These systems have the potential to extend the life of a battery pack by up to a decade, significantly contributing to environmental sustainability.
The joint venture includes developing a major Teesside refinery. This facility is expected to process batteries from 150,000 EVs annually and provide 20% of the UK’s cathode material demand by 2030. This will assist in positioning the UK as a leader in battery material production.
The economic benefits are significant, with the project expected to enhance the value chain of EV battery production by creating a scalable model for battery reuse. This approach will likely attract more investments in the UK’s clean tech sector.
Rod Savage, Altilium’s Programme Director for end-of-life batteries, highlighted the firm’s commitment to responsibly managing end-of-life EV batteries. He stated, “We’re excited to be working with Connected Energy to advance our shared vision of a circular economy for EV batteries.”
This collaboration not only promises to advance technology in battery recycling but also aims to enhance the infrastructure required for large-scale battery repurposing. It is a strategic move towards sustainable energy solutions.
The partnership between Connected Energy and Altilium represents a significant step towards sustainable practices in the EV battery industry.
With innovative solutions and strategic planning, both companies are poised to transform the future of battery recycling.
