UK Set for First EV Battery Recycling Plant with £18.5m Grant Award

UK set for first EV battery recycling plant with £18.5m grant award

The UK is set for its first electric vehicle battery recycling plant. Altilium has been awarded £18.5 million in grant funding through the UK government’s DRIVE35 Scale-Up Fund, delivered by the Department for Business and Trade in partnership with the Advanced Propulsion Centre UK (APC) and Innovate UK.  The funding will support the construction of Altilium’s new ACT3 recycling plant in Plymouth, Devon. Construction of the facility is expected …

Altilium secures £18.5m to scale EV battery recycling

Plymouth-based cleantech firm Altilium has been awarded £18.5m in grant funding through the UK government’s DRIVE35 Scale-Up Fund, delivered by the Plymouth-based cleantech firm Altilium has been awarded £18.5m in grant funding through the UK government’s DRIVE35 Scale-Up Fund, delivered by the Department for Business and Trade.

Altilium awarded £18.5m to build electric vehicle battery recycling facility

The UK Government has awarded clean technology company Altilium £18.5m to build the ‘UK’s first’ commercial facility for recovering critical battery materials. The ACT3 plant will have the capacity to process 24,000 EV batteries per year, Altilium said, and produce essential components for next-generation battery manufacturing. The UK government’s DRIVE35 Scale-Up Fund awarded £18.5 million in grant funding, which is delivered by the Department …