Altilium and Connected Energy Join Forces To Revolutionize EV Battery Lifecycle

Altilium And Connected Energy Are Also Part Of Nissan’s £30.1 Million Project For UK’s EV Battery Reuse, Recycling And Grid Balancing

Michael Phoon

July 8, 2024 | Updated 08:22, July 26, 2024

2 min read

cover image

When it comes to revolutionizing sustainable energy solutions, Altilium and Connected Energy have announced a strategic collaboration focused on extending the lifecycle of electric vehicle (EV) batteries by combining Altilium’s expertise in battery recycling with Connected Energy’s prowess in developing second-life battery energy storage systems.

The collaboration will aim to develop sustainable business models for repurposing and recycling EV batteries, which will deliver value to companies, battery manufacturers, and automotive OEMs according to Connected Energy.

Notably, a key objective is to establish industry-wide standards for responsible recycling protocols, adhering to the waste hierarchy principles of reuse, repurpose, and recycle.

In terms of Connected Energy, the company specializes in designing energy storage systems using second-life EV batteries, where its systems search applications across the United Kingdom (UK) and Europe. The systems also support EV charging hubs, cut down energy bills, balance the grid, and maximize returns on solar investments. By repurposing EV batteries, their useful life can be extended by up to ten years, delivering significant environmental and economic benefits.

Article image
Altilium’s EcoCathode (Image: Altilium)

As for Altilium, the company focuses on processing end-of-life EV batteries and manufacturing scrap to produce low-carbon cathode active materials (CAM) for new batteries. Interestingly, Altilium’s EcoCathode recycling process can recover over 95% of battery metals including lithium in a format directly reusable in new battery production. As a result, this process delivers a 60% reduction in carbon emissions and 20% lower costs than virgin materials.

Matthew Lumsden, CEO of Connected Energy, expressed the timeliness of this collaboration stating, “Over the next five years, we will see a rapid increase in the availability of used EV batteries. As an industry, it is critical that we work together to ensure that we move batteries through the value chain in a way that minimizes their environmental impact whilst maximizing their financial value.”

Also, both companies are already part of a £30.1 million Nissan-led project, backed by the Advanced Propulsion Centre, which aims to strengthen the UK’s capabilities in EV battery reuse, recycling, and grid balancing.

In the UK’s sustainability targets, the country’s goal to reach net-zero emissions by 2050 is in place. With the collaboration in mind, it aligns with the UK’s goal for this as Altilium and Connected Energy are helping to reduce the reliance on imported materials while cutting the the carbon footprint associated with battery production and disposal. Overall, this not only addresses environmental concerns but also positions the UK as a leader in innovative energy solutions.

Want to learn more about EV? Thinking of buying an EV? Head over to EV.com and discover more.


Comments

0
CarAI Logo

AI Employee for Car Dealerships

Results in 30 days - Or We'll Give You Your Money Back

CarAI Dashboard on Laptop
CarAI App on Phone

More