Innovation & Research

The rapid global shift toward electrification, renewable energy, and sustainable technologies has placed batteries at the forefront of modern energy systems.

By 2030, it is estimated that over 11 million metric tons of used lithium-ion batteries could accumulate annually without effective recycling and management systems in place. Additionally, volatility in raw material pricing and geopolitical dependencies on critical elements like lithium, cobalt, and nickel underscores the urgency of developing robust battery management solutions.

With the proliferation of EVs, renewable energy storage systems, and portable electronics, the demand for batteries is expected to grow exponentially over the next decade, with lithium-ion battery demand alone projected to increase by over 500% by 2030. However, this growth presents significant challenges, including resource scarcity, environmental impact, and end-of-life battery management.

Iqutech aims to enhance the economic and environmental benefits of EV battery technology.

We aim to fully utilise the energy potential of EV batteries and retain their value for customers by:

Providing cost-effective battery recovery solutions.
Repurposing end-of-first-life (EOL) batteries (SOH ≈ 70–80%) into second-life battery products, such as energy storage systems, electric bikes, portable power stations, or other applications.
Promote circular practices by reducing waste and recovering valuable materials from EV batteries, adhering to the principles of Reuse and Recycle.
Establish Ireland’s first recycling centre to process waste EV batteries using the Black Mass Recovery Process.