Don’t miss the latest developments in business and finance.

Altilium and JLR to test EV batteries made using recycled materials

There is also regulatory pressure on automakers and battery makers to recycle

jaguar land rover tata jlr
The rise in EVs has brought with it a race to recycle the valuable minerals in their batteries.
Reuters
2 min read Last Updated : Sep 26 2024 | 12:31 PM IST
British recycling firm Altilium and Jaguar Land Rover (JLR) will build and test battery cells made using recycled materials from old Jaguar i-Pace electric vehicles in a pilot project to demonstrate recycled battery production is possible at scale.
 
Part-funded by Tata Motors unit JLR, Altilium and the UK state-backed Advanced Propulsion Centre, the project will run over the course of the next year and take cathode active materials from used i-Pace batteries and make new cells for testing in new JLR EVs.
 
The rise in EVs has brought with it a race to recycle the valuable minerals in their batteries - primarily lithium, cobalt and nickel - which can be worth thousands of euros per car, and counter China's dominance of this field.
 
There is also regulatory pressure on automakers and battery makers to recycle.
 
From 2031, new EV batteries sold into the European Union must include a minimum of 6 per cent recycled lithium, 6 per cent recycled nickel and 16 per cent recycled cobalt. By 2036 these targets increase to 12 per cent, 15 per cent and 26 per cent, respectively.
 
Altilium says that its process should also help automakers hit carbon dioxide reduction targets, as it lowers the need for newly mined materials resulting in a 60 per cent drop in carbon emissions.
 

More From This Section

Earlier this year, SQM Lithium Ventures, the corporate venture arm of Sociedad Quimica y Minera de Chile's (SQM) lithium business, provided most of a $12 million Series A funding round for Altilium.
 
That followed a $2.6 million investment by SQM, the world's second-largest lithium producer, in Altilium last year.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)






Also Read

Topics :JLRJaguar Land RoverrecyclingElectric VehiclesBattery makers

First Published: Sep 26 2024 | 12:31 PM IST

Next Story