DRIVE35 Scale-Up Fund

Government

Portfolio

companies

Altilium

Altilium recycles electric vehicle batteries to recover critical minerals for the automotive sector.

Grant10 April 2026

£18.5M

Altilium secures £18.5m from the UK government to construct its first commercial electric vehicle battery recycling plant.

The funding was awarded through the DRIVE35 Scale-Up Fund to build the ACT3 facility in Plymouth.