Axion has joined forces with two other partners in an initiative aimed at reusing and recycling batteries used in electric vehicles and light automotive applications.
The joint initiative with Aspire Engineering and lithium-ion battery reuse specialist Aceleron will “tackle the growing market of electric vehicle battery systems at the end of initial life”.
It will also address the large number of cells from end-of-life portable electronic equipment.
In the UK alone, it is estimated that there could be more than 100,000 end-of-life batteries from electric vehicles that will need recycling or re-using over the next decade.
Together the trio is offering a full service for end-of-life lithium-ion batteries that will address the previously complex, expensive and energy-intensive issues associated with recycling these types of materials.
Batteries will be processed for remanufacturing, reuse and recycling by Aspire; tested and repurposed for second-life applications by Aceleron; and recycled by Axion.
The service is aimed at cell suppliers, battery pack manufacturers as well as manufacturers of electric vehicles and power storage units.