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Battery recycling firm gears up for expansion
The Herald
|April 09, 2025
CITY-BASED BUSINESS SECURES INVESTMENT TO SCALE UP
THE UK's first electric vehicle (EV) battery recycling plant has secured millions of dollars of investment to help scale up its Plymouth-based business, reports the BBC.
Altilium Clean Technology employs 50 staff across three locations in the city, and in Tavistock.
The firm said it had pulled in $20m over the last 18 months from a variety of private investors, and was looking to expand its operations.
Bosses said it would reduce the UK's dependency on mined raw materials, improve energy security and make electric vehicles even greener in the future.
This story is from the April 09, 2025 edition of The Herald.
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