Altilium, the UK-based clean technology company focused on electric vehicle battery recycling, has successfully closed its Series B1 retail raise through the investment platform R Europe. The round was oversubscribed within just 22 hours by pre-registered investors, prompting the company to double its original allocation. More than 750 individual investors participated in the raise, [...]
The lack of a domestic cathode active material (CAM) supply chain in the UK and Europe is emerging as one of the most pressing bottlenecks for the electric vehicle (EV) industry. While the focus has been on building cell and battery pack gigafactories, even mining and refining lithium, midstream materials like CAM, which accounts for [...]
As the UK accelerates its transition to cleaner transport, the growth of electric vehicles (EVs) presents both a massive opportunity and a major challenge of how to source, use and reuse the critical minerals that power these vehicles in a way that is sustainable, secure and economically viable. The answer lies in more than just [...]
As demand surges for electric vehicles, renewable energy storage and national defence capabilities, so too does the need for critical battery materials like lithium, nickel, cobalt and manganese. Yet, instead of securing these vital resources, the UK continues to export black mass – the concentrated, metal-rich material recovered from end-of-life lithium-ion batteries – overseas for [...]
Altilium, a UK-based clean technology group focused on supporting the transition to net zero, is pleased to announce that it has secured grant support from the Department for Business and Trade and the UK government’s new DRIVE35 programme, delivered through the Advanced Propulsion Centre, for rapid development of an innovative low carbon transport solution for [...]
Altilium, a UK-based clean technology group focused on supporting the transition to net zero, has today attended a high level meeting with UK Minister for Investment, Baroness Gustafsson CBE, at the British Embassy in Tokyo, along with senior representatives from two of its strategic shareholders, leading Japanese trading and investment group Marubeni Corporation and Mizuho [...]
recell.store, the UK’s first online marketplace for used EV batteries and an Altilium company, has today announced a partnership with Zenith, the UK’s largest independent truck-to-car vehicle leasing and fleet management company, to develop a comprehensive solution for the safe and sustainable disposal of fleet damaged and end-of-life EV batteries. The agreement underlines both [...]
The UK government has underlined its commitment to building a globally competitive battery sector and supporting to the transition to electric vehicles with the publication of its Advanced Manufacturing Sector Plan today. With a commitment of up to £4.3 billion in funding, the plan sets out a bold vision to support a thriving manufacturing sector in [...]
Altilium was delighted to welcome Noah Law MP, Chair of the All-Party Parliamentary Group for Critical Minerals, to the company’s EV battery recycling facilities in Plymouth this week, including our new ACT 3 scale-up plant at Langage. During the visit, the MP for St Austell and Newquay got to see first-hand the progress at the [...]
recell.store, the UK’s first online marketplace for used EV batteries and an Altilium company, today announces the launch of the All Battery Index (ABI), the first dedicated benchmark index for the market value of end-of-life (EoL) electric vehicle battery packs. As the EV revolution accelerates, so too does the volume of batteries reaching end-of-life. Until [...]
