Essential information for end of life vehicle dismantling, depollution and recycling

Adam Hewitt
SYNETIQ
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SYNETIQ collaborates with Allye Energy for innovative repurposing of electric vehicle battery packs

SYNETIQ, an IAA company and the UK’s leading integrated vehicle salvage, dismantling, and recycling company, is proud to announce a strategic collaboration with clean-tech innovator Allye Energy. The agreement marks a significant stride towards the sustainable transformation of end-of-life electric vehicle batteries.

 

SYNETIQ collaborates with Allye Energy for innovative repurposing of electric vehicle battery packs p

The company has finalised a crucial supply agreement with Allye Energy, a trailblazing smart battery technology platform specialising in distributed energy storage at the grid edge. This collaborative effort focuses on the repurposing of electric vehicle battery packs for MAX Battery Energy Storage System (BESS).

A substantial influx of nearly new EV battery packs will be sourced through SYNETIQ’s exclusive agreements with leading insurers and leasing providers, forming a robust supply chain foundation.

As the collaborative journey with Allye Energy unfolds, the shared objective is to use Allye’s proprietary diagnostic technology to assess and repurpose as many usable battery packs as possible. This strategic collaboration positions SYNETIQ at the forefront of driving innovation and sustainability within the vehicle recycling industry.

Tom Rumboll, UK Managing Director for IAA and CEO of SYNETIQ, said:

“We’re excited to work with Allye to repurpose entire EV battery packs and address a key challenge in our industry. Having a safe, climate-conscious, and affordable solution for EV batteries is crucial to maximising their environmental and economic benefits, in total alignment with SYNETIQ’s core principles. Working together to promote reuse will build strong and sustainable markets, benefiting consumers, the automotive sector, and the planet.”

Jack Levy, COO and Co-Founder of Allye, commented:

“We are delighted to work together with SYNETIQ, an organisation that shares our commitment to being an ally to the grid, society, and the planet, as we work together for a more sustainable future. Our unique approach to repurposing the whole EV battery pack is the most sustainable way to deliver energy storage at scale, making best use of the finite resources available and helping ensure every EV battery has another chance to deliver what it was designed to do. Our unique approach at Allye allows us to build battery systems that provide flexibility and circularity at their core, by integrating cells of mixed chemistries, assorted voltage ranges, varying capacity and mixed state-of-health.”

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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