- Altris focuses on sodium-ion battery materials to replace lithium and cobalt.
- Mecaware targets recycling of critical metals like nickel, cobalt, and lithium.
- EIC funding supports scaling production and expanding partnerships in Europe.
- Both companies aim to enhance local supply chains and circular systems.
Altris' Sodium-Ion Battery Innovation
Altris, a Swedish company specializing in sustainable sodium-ion battery electrodes, has secured EIC Accelerator funding to advance its patented battery materials. By replacing lithium and cobalt with sodium, Altris aims to produce safer, more sustainable large-format batteries for energy storage. The funding will help Altris increase production capacity and form strategic partnerships with European battery manufacturers.
Mecaware's Critical Metals Recycling
French cleantech company Mecaware has been selected for the EIC Accelerator to industrialize the recycling of critical metals from batteries. With the rise in battery demand due to electrification, securing circular supply chains for metals like nickel, cobalt, and lithium is crucial. Mecaware's process efficiently recovers these metals, reducing import dependence and environmental impact, while strengthening Europe's battery value chains.
Impact of EIC Funding
The EIC support will enable both Altris and Mecaware to scale production, expand commercial partnerships, and support local supply chains. Their efforts contribute to advancing circular, low-carbon industrial systems in Europe, reinforcing the importance of European support programs for breakthrough technologies.
