ALTILIUM PARTNERS WITH NISSAN FOR MULTIMILLION-POUND ELECTRIC VEHICLE BATTERY RECYCLING PROJECT [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
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Source: Yahoo! Finance
PLYMOUTH, England March 4, 2024 /PRNewswire/ -- Altilium, a UK-based clean technology group focused on supporting the transition to net zero, is pleased to announce details of a pioneering new collaborative project led by Nissan, which will see the two companies working together to improve the sustainability of EV batteries manufactured in the UK, using advanced recycling technologies to lower the carbon footprint of new batteries and reduce reliance on imported raw materials. The innovative work is part of a £30m collaborative project announced today by the Advanced Propulsion Centre (APC), which has been awarded grant funding of £15m. The program will strengthen the technical expertise and R&D capability of the Nissan Technical Centre Europe (NTCE) in Cranfield, Bedfordshire , focusing on the development and advancement of EV battery reuse, recycling and energy balancing technology. The consortium also includes battery producer AESC, a long-standing partner of Nissan, and Conne
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