Altilium, a UK-based clean technology group focused on supporting the transition to net zero, and Connected Energy, a leading developer of second-life battery energy storage systems, have today announced a new strategic relationship that will see the two companies working together to extend the lifecycle of EV batteries.
The collaboration brings together two of the UK’s leading innovators in the fast-growing EV battery eco-system and underlines both companies’ commitment to sustainability and reducing the environmental impact of EV batteries.
Connected Energy designs and develops energy storage systems using second life EV batteries, while Altilium is a pioneer in EV battery recycling, processing end-of-life EV batteries and manufacturing scrap to produce low-carbon cathode active materials (CAM) for direct reuse in new batteries.
Under the agreement, Altilium and Connected Energy will collaborate to develop sustainable and environmentally responsible business models for the repurposing and recycling of EV batteries, bringing value to both companies as well as battery manufacturers and automotive OEMs.