A new strategic partnership between clean technology companies Altilium and Connected Energy aims to significantly extend the lifecycle of electric vehicle (EV) batteries. Altilium focuses on recycling end-of-life EV batteries and producing low-carbon cathode active materials for reuse, while Connected Energy specializes in designing energy storage systems using second-life EV batteries. This collaboration is centered on developing sustainable and environmentally responsible business models for repurposing and recycling EV batteries, with a key objective of establishing industry-wide standards for battery management based on the waste hierarchy principles of reuse, repurpose, and recycle.
Emphasis on Circular Economy and Industry Standards
Rod Savage, Altilium’s program director for end-of-life batteries, emphasized the importance of this collaboration in advancing a circular economy for EV batteries. He reiterated the company’s commitment to responsible battery management, highlighting that the circular economy approach not only minimizes waste but also maximizes the economic and environmental benefits of recycling and repurposing batteries. This collaboration aims to set a benchmark for the industry, ensuring that reused and repurposed batteries meet high standards of safety, efficiency, and sustainability.
Matthew Lumsden, CEO of Connected Energy, highlighted the impending increase in available used EV batteries over the next five years. This surge in battery availability makes it critical for industry cooperation to minimize environmental impacts while maximizing financial value. The partnership with Altilium is seen as a proactive step toward addressing the challenges posed by the growing volume of used EV batteries. By working together, both companies aim to establish robust protocols that can be adopted across the industry, ensuring that the repurposing and recycling processes are both scalable and environmentally responsible.
Benefits for the Entire EV Battery Ecosystem
The partnership is valuable not only to Altilium and Connected Energy but also to battery manufacturers and automotive Original Equipment Manufacturers (OEMs). By establishing responsible repurposing and recycling protocols, the collaboration aims to enhance the overall EV battery ecosystem and support its growth. Battery manufacturers and OEMs are expected to benefit from reduced costs associated with raw material procurement and waste management. Furthermore, the implementation of industry-wide standards will ensure that batteries are managed responsibly throughout their lifecycle, from production to end-of-life disposal.
The collaboration leverages Altilium’s UK office in Plymouth and Connected Energy’s head office in Newcastle Upon Tyne and technical center in Norfolk. This geographical breadth highlights the extensive operations and resources being brought together to achieve the partnership’s goals. The joint effort is portrayed as a crucial step towards achieving true battery circularity and fostering long-term sustainability in the EV battery sector. This regional synergy is seen as an essential element in the success of the partnership, providing a robust foundation for scaling up sustainable practices across the industry.
Setting Industry Benchmarks for Sustainable Battery Management
Altilium and Connected Energy, two innovative clean technology companies, have formed a new strategic partnership aimed at extending the lifespan of electric vehicle (EV) batteries. Altilium’s expertise lies in recycling end-of-life EV batteries and producing low-carbon cathode active materials for their reuse. On the other hand, Connected Energy excels in designing energy storage systems that utilize second-life EV batteries. This collaboration is focused on developing sustainable and environmentally responsible strategies for repurposing and recycling EV batteries. One of the key goals is to establish industry-wide standards for battery management. These standards are rooted in the waste hierarchy principles of reuse, repurpose, and recycle, ensuring that as many materials as possible are efficiently utilized. By prioritizing these principles, the collaboration seeks to create a circular economy in the EV battery market, significantly reducing waste and conserving valuable resources while promoting sustainable practices within the industry.
