Altilium and Connected Energy Aim to Extend Life of EV Batteries

UK-based battery recycling company Altilium and Connected Energy, a developer of second-life battery energy storage systems, have announced a strategic partnership. The aim is to extend the life of electric vehicle batteries and develop sustainable business models for recycling and reuse. Further details of the collaboration, such as a timeline, were not disclosed by the companies.

Recycling Only After Second-Life Use

Connected Energy is developing energy storage systems based on second-life electric vehicle batteries. By reusing EV batteries in stationary systems, the company aims to extend the life of the batteries by up to ten years. After this second life, the batteries can be recycled to recover valuable minerals. 

Altilium focuses on this recycling and the production of cathode active materials for direct use in new batteries. According to the company, its proprietary recycling process recovers more than 95% of the battery metals, including lithium. These can be used directly in the production of new batteries. The company is currently planning its first industrial-scale recycling refinery in Teesside, UK. This facility is planned to be able to recycle used batteries from 150,000 electric vehicles per year and produce 30,000 tons of CAM.

Source:
https://altilium.tech/2024/07/08/altilium-and-connected-energy-collaborate-to-extend-the-lifecycle-of-ev-batteries/

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