Project ReCell includes a policy analysis of battery regulations, massive project outreach, and the development of a comprehensive analysis report through collaboration with academic researchers, policy consultants, Electic Vehicle manufacturers, battery collection companies, and second-life battery providers and users. The team is collaborating with the IEA on a research study and the findings will be published in the Global EV Outlook 2020.
In addition, this project analyses the following aspects:
i) Product development, which solves some of the identified problems for the industry to process and handle end-of-life Li-ion batteries. This entails exploring business opportunities and initiating a business incubation process.
ii) Increase knowledge and raise awareness about the topic by researching and publishing the latest developments within the battery industry.
Although the project was meant to end by mid-May 2020, the team is extremely motivated to carry on further and look at business viability. As they share, “The best-case scenario would be a start-up being born out of the project so that we can execute our ideas to create meaningful impact. The Li-ion battery industry, especially when it comes to Electric Vehicles (EVs) – provides lots of exciting opportunities to be tapped!” If EVs are indeed the next big thing, then ReCell is poised to play a large role in making their batteries sustainable.