The Battery Pass project have published an insightful study on 'Unlocking the Value of the EU Battery Passport’, with practical next steps for businesses to maximise their strategic potential. As the technology lead for the Project and our work implementing Battery Passports at production scale, Circulor was glad to contribute to this report. A summary of the key findings: 🔋 Battery passports enable improved ESG data communication and informed purchasing decisions, due to direct visibility to supply chain information, 🔋 More efficient recycling, with ~ 10-20% reduction of pre-processing and subsequent treatment costs, 🔋 Simplified residual value assessment, with ~2-10% reduction of technical testing costs for independent operators, 🔋 Remaining regulatory uncertainties should be resolved, including the standardisation of data attributes, 🔋 Although there are regulatory uncertainties, implementation requires efforts which companies need to start addressing today Download the study here: https://lnkd.in/eUQ4agDv Systemiq Ltd. acatech – Deutsche Akademie der Technikwissenschaften, AUDI AG BASF, BMW Group, FIWARE, Fraunhofer Institute for Production Systems and Design Technology IPK, TWAICE, Umicore, VDE Renewables GmbH Douglas Johnson-Poensgen Yue Jin Tay Jessica Green Ellen Carey Fearghal Kearney Luise Müller-Hofstede Karolin Langfeldt Nikolai D'Agostino Rhys Mason Ben Steinberg Carly Good Emma Bishop
Today, the Battery Pass consortium has published ‘Unlocking the Value of the EU Battery Passport’, an in-depth study co-funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). This updated analysis uncovers both the opportunities and challenges of implementing battery passports, along with practical next steps for businesses and policymakers to maximise their strategic potential. What’s Inside? 📊 Opportunities: A detailed look at the benefits of battery passports, from cost savings in testing to enhanced recycling processes and easier trade of waste batteries. ❗ New insights on implementation challenges: Learn about the regulatory uncertainties and implementation efforts facing businesses, especially SMEs. ✅ Practical steps for businesses: Discover how your business can get ahead by assessing implementation requirements and identifying strategic advantages. 📝 Recommendations for policymakers: Explore the three key actions to minimise uncertainty, support industry compliance and unlock the full value of battery passports. Download the ‘Unlocking the Value of the European Battery Passport’ study at 👉 https://lnkd.in/eUQ4agDv Systemiq Ltd. acatech – Deutsche Akademie der Technikwissenschaften, AUDI AG, BASF, BMW Group, Circulor, FIWARE, Fraunhofer Institute for Production Systems and Design Technology IPK, TWAICE, Umicore, VDE Renewables GmbH