ILC
www.iloveclaims.com
Better Tomorrow THE EV-OLUTION GAINING GROUND TOGETHER 2023 Sponsors
Corporate Partners
Connecting the industry TM
Partners
Contents In association with:
ILC
THE EV-OLUTION GAINING GROUND TOGETHER 2023 Welcome to The EV-olution
04
Mark Hadaway
EV market realigning after price collapse
06
Derren Martin
An EV Market Insight
08
Paul Sell
EV’s impact on engineering and skills
10
Adrian Watson and Dean Lander
Managing EVs in the real world
12
Jeff Mack, Victoria Turner and Martin Burbidge
Realities of EV repair
14
Dave Sargeant, Erika Woollacott, Gio Adamo
EVs and the insurer perspective
16
Maria Loukadaki and Chris Payne
What an EV future might look like
18
James Allenby, Adam Thurman and Raul Yuste Sepulveda
14
Dave Sargeant Erika Woollacott Gio Adamo
2
T H E E V- O L U T I O N
06
Derren Martin
10 Adrian Watson Dean Lander
08
12
Paul Sell
Jeff Mack Victoria Turner Martin Burbidge
18 James Allenby
16
Adam Thurman Raul Yuste Sepulveda
Maria Loukadaki Chris Payne
DISCLAIMER Contributors The views and opinions expressed within Better Tomorrow are reported from live events and are those of the individual contributor/s. They do not necessarily reflect the official policy or position of the contributor’s employer, organisation, committee or other group or individual. ILC While every effort has been made to ensure the accuracy of information, ILC will not accept responsibility for errors or omissions or for consequences arising from reliance on information published. The opinions expressed in Better Tomorrow are not necessarily the opinions of, or endorsed by ILC unless otherwise stated. COPYRIGHT All rights reserved. No part of the material contained within this publication may be reproduced or copied in any form or by any means without written permission from ILC.
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GAINING GROUND TOGETHER 2023
In association with:
ILC
Welcome to The EV-olution
M A R K H A DAWAY Managing Director ILC
Welcome to this issue of Better Tomorrow, ILC’s publication sharing insights into our conferences and events.
Founder ARC360
now starting to gradually show through in the insurance claims and vehicle repair space.
Under ARC360’s common theme of ‘gaining ground together’ the event was developed to bring together the sector to discuss how EVs are starting to and will impact all stakeholders for years to come.
The event – sponsored by ControlExpert and Thatcham Research, along with ARC360 Corporate Partners: BASF, CAPS, Copart, Entegral, Enterprise, Mirka, Nationwide Vehicle Recovery Assistance, S&G Response, and Solera Audatex; Partners: Gemini Accident Repair Centres, Prasco UK and Repairify; and Associate Partners Trend Tracker – brought together many of the industry’s leading figures to openly discuss how this transition is starting to show in the automotive incident repair sector and how stakeholders are adjusting to suit.
Clearly, EVs are nothing new but now with various legislative measures in place to accelerate their development, manufacture and uptake, the growth in volumes of these vehicles on UK roads is
It is clear from the interest in this event and the open discussions and insights on the day that the industry is very much in a ‘state of flux’ currently when it comes to EVs. Aside from the split opinions
In this issue we cover ARC360’s, ILC’s automotive incident repair division, specialist electric vehicle (EV) event – The EV-olution – which took place in July 2023 at the Manufacturing Technology Centre (MTC), Coventry.
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on the merits of EVs and their place within the mass automotive sphere, it was also very apparent the industry is at various states of experience, exposure and preparedness. What was made very clear throughout the day was the ongoing need for events, such as this, to generate dialogue and collaboration amongst all stakeholders and ensure the sector continues to keep pace with the development and growth in numbers of these vehicles. We have been truly humbled by the feedback we received for our inaugural specialist EV event. Here, we provide an overview of what the day had to offer – we look forward to seeing you all next year. Kind regards
Mark
T H E E V- O L U T I O N
THE EV-OLUTION GAINING GROUND TOGETHER 2023 Headline Sponsor
Corporate Partners
Sponsors
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Connecting the industry TM
ILC
www.iloveclaims.com
EV market realigning after price collapse
The crash in value of electric vehicles has been startling but it will not continue as the perfect storm that saw prices plummet by as much as 40% begins to pass. This is according to Derren Martin, Director of Valuations at cap hpi, who said the rare circumstances that converged to disrupt the EV market are now easing.
D E R R E N M A RTI N Director of Valuations cap hpi
Opening the day with a session entitled, Vehicle Market Intelligence, Derren provided an overview of the market in recent years, revealing the substantial impact of Covid-19 on both sales and values, but said that trading conditions were finally beginning to settle again now and EV momentum should pick up again as we move towards 2030.
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T H E E V- O L U T I O N
Data
Through the floor
Used cars
Data revealed that just 36,444 EVs were sold in the UK in 2019, but this figure rose to 266,896 in 2022, representing a seven-fold increase in four years. There are now nearly 800,000 pure EVs on UK roads, but that figure will inflate to more than 2.5 million by 2026, which equates to a seven per cent share of the vehicle car parc.
Derren said, “They’ve gone absolutely through the floor. Supply increased, electricity prices went up and petrol prices went down. It was a perfect storm. I spoke to one dealer group who sold five EVs for a loss of £26,000. We don’t expect to see prices go up again, and if they do it will be slowly.”
But while the EV market is still volatile, the wider used car market is booming. Sales in the first five months of this year were already 70% of last year’s total volume. This is despite an almost unprecedented spike in values during 2021.
Driving this, apart from environmental regulations and increased consumer choice, is the fall in prices of EVs. While they were up to £10,000 more expensive than ICE equivalents, some models are now about £5,000 cheaper, with average values collapsing by 37% in the last eight months alone.
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This has had a knockon effect on the used EV market, with many drivers now reluctant to sell their vehicles and incur a substantial loss. However, Derren says the market is realigning and has warned repairers to expect more and more used EVs in their shops, saying that when owners do sell again, the models will be older, with more mileage, and likely to need more repairs and servicing.
Derren explained that, typically, values of used cars depreciate three per cent, but Covid-19 turned the market upside down with demand increasing as supply decreased, resulting in a staggering 29% rise in average values. This was recorded across all fuel types, and while the price of used EVs has collapsed, used petrol and diesel models have held their values and are expected to remain strong into the future.
GAINING GROUND TOGETHER 2023
An EV Market Insight
PAU L S E LL Director Trend Tracker
Electric vehicles have surged from 0.4% of the total vehicle parc in 2016 to nearly 18% as of June 2023, but uptake will have to increase dramatically before 2030 to support the government’s ban on the sale of new petrol and diesel vehicles. However, other countries have proven that it can be achieved, with EVs now making up 90% of all new vehicles in Norway. “Can that same trajectory happen in the UK?” asked Paul Sell, Director of Trend Tracker. “Yes, it’s possible.”
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T H E E V- O L U T I O N
Recharge
Repairs
Future
However, to achieve this growth the market needs to recharge itself after stalling recently as a result of high prices, poor public infrastructure and range anxiety.
For the automotive aftermarket, EV repair volumes remain small. They comprise just five per cent of the total market – although this rises to 16% among models under three years old – with Tesla, MG, BMW, and Volkswagen accounting for the majority of repairs.
While there remains challenges, a tipping point has been reached and EVs are on their way to becoming the dominant powertrain on UK roads.
Paul revealed that there were 37,261 public charge points in the UK in 2022, up from just 6,500 in 2016, with more than 8,600 new charge points installed in the last 12 months alone. Meanwhile, the government invested £1.6bn last year with the ambition of driving that number up to beyond 300,000 by 2030. Improving the public infrastructure is essential, said Paul, to supporting EV growth. He explained, “EVs are cheaper to run than petrol or diesel models if you can charge at home. But if you’re travelling you need access to rapid chargers, and they are still a lot more expensive than petrol or diesel. So we’re going to need those 300,000 charge points to quell people’s range anxiety.”
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However, on average, repair costs are comparable to those of their petrol and diesel counterparts, with fewer parts involved in EV repairs offset by higher (£2 per hour average) labour costs. Unsurprisingly, London remains the runaway hotspot for EV repairs, although Paul predicts this will change as more and more cities introduce green air zones. This will make EVs a more costeffective option, driving adoption beyond the capital.
The 2030 deadline is looming, and Paul believes it is unlikely that any future government will be prepared to back away from that now. He said, “The 2030 road to zero isn’t up for negotiation. We have already seen significant government investment in EVs and whoever is in power, if they feel it’s not heading the right way they will have to make more changes, with the biggest changes probably coming in energy costs and infrastructure.”
GAINING GROUND TOGETHER 2023
EV’s impact on engineering and skills The rise and rise of electric vehicles has already brought about a fundamental change to the industry, with repair processes and skills now seemingly in a constant race to catch up. At ARC360’s specialist EV event, sponsors DEAN LANDER
A D R I A N WAT S O N
Thatcham Research delivered a compelling
Head of Repair Sector Services Thatcham Research
Head of Engineering Research Thatcham Research
session which examined the impact of this
Knowledge
awful lot of knowledge within the industry, but is that knowledge getting where it needs to be?”
Adrian Watson, Head of Engineering Research, and Dean Lander, Head of Repair Sector Services, considered the issue from both an engineering and skills perspective, emphasising that no part of the claim is untouched when an EV is involved. Adrian said, “EVs have already had a marked impact on motor claims and repairs, but even greater change is still to come. At Thatcham Research we are trying to understand the flux in the market and how it will impact insurers and the motor claims workflow.”
new technology on the entire motor claims journey.
In the last three years Thatcham Research has focused on the postaccident journey. It has found that opinion is still divided on the impact of EVs, with some people thinking they have minimal impact on the claims journey and others thinking they’re the end of the world. “The reality is somewhere between the two,” Adrian said, suggesting that those who don’t think they need to change their processes when dealing with an EV do not understand the technology well enough. “Everything within a claim changes if it’s an EV. No part of the claim is not touched, but I’m not seeing a lot of adjustments or acceptance that that is the case. There is an
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He said that on average EVs add about 25% to the overall cost of the claim. This takes into account a number of factors that are often overlooked, such as the weight of the vehicle and how that changes recovery, managing potential fire risks, the extra space required at a bodyshop and the need sometimes to employ experts to carry out specialist tasks, such as powering down the vehicle. Adrian said, “We mapped the total claims flow for an ICE vehicle and then then did the same for an EV and have produced a report that compares those two journeys. That report shows that the level of sophistication is significantly more for an EV.”
T H E E V- O L U T I O N
Batteries However, far and away the most significant factor of an EV repair is the battery. Batteries are now the most expensive spare part ever seen in the sector, costing up to 105% of the list price of the vehicle, and while nearly half of vehicle manufacturers (43%) have strategies in place for their postaccident repair, the reality is that hardly any of these repairs are taking place. This, said Adrian, is because the diagnostics doesn’t exist to tell technicians whether the battery is safe and repairable. “There is a lack of information from the vehicle manufacturers and that lack of knowledge in the aftermarket means that in most cases of battery damage the vehicle is declared a total loss,” Adrian said. Apart from driving up costs, this is also bad for the environment as there is little or no capacity in the UK for recycling batteries.
He said, “Education and training is one of the biggest challenges in the market. We already don’t have enough people to repair the volumes of cars coming through, and we’re struggling to get the knowledge and skills to the people we have got to deal with the technology changes that are coming along.” Thatcham Research is seeking to address that through its automotive academy and e-learning platform. Modular and blending both practical and digital learning for greatest effect, the platform delivers the right level of training to the right people at the right time. This includes front-ofhouse to enable them to make the right decisions at the start of the process, and recovery drivers to ensure they can carry out their jobs safely.
Adrian concluded, “There is a lot of work for all of us to do, especially around getting the information that does exist to the people who need it. But there is not a single challenge around EVs that is not solveable.”
Dean said, “I can see businesses relying on just one person to have all the EV knowledge. I understand that because it’s expensive to send a technician away for four days. That’s why we offer a blended learning solution, because it is critical to ensure that everyone in the business, not just a select few, are EV trained. This knowledge will save you time and cost, because mistakes are very expensive.”
Skills
Levels
Dean agreed that a lack of knowledge remains the industry’s most urgent concern. The Institute of the Motor Industry has warned of a 160,000 shortfall in qualified technicians by 2030, but Dean believes that number could be even higher if training is not dramatically accelerated.
To help businesses better understand what level of knowledge is required for each colleague, Thatcham Research has broken its training down into four packages.
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EV Safe explains how to approach the vehicle and shut it down safely, which is one of the most vital things to understand. EV Competent is aimed at technicians actually repairing the vehicle, while EV Ready is a business-wide accreditation that ensures everyone on site has the appropriate knowledge and understanding. It comes with certification which is updated annually. Dean concluded, “If we solve the knowledge challenge we’re halfway there, but the reality is you retain about 25% of classroombased learning for more than three months unless you practice it in the workplace. “Everything we do is modularised and digital, so it stays with the learner and they can revisit the knowledge whenever they want. But whoever you choose as your training provider, you have to do it with intent because it is essential you’re getting the right knowledge into the business.”
EV Aware provides a general level of EV understanding and is suitable for everyone in the business.
GAINING GROUND TOGETHER 2023
Managing EVs in the real world Information sharing and better communication between manufacturer, insurer, repairer and customer is critical to managing EV claims – but so too is a mindset that accepts the evolution is ongoing.
M A RTI N B U R B I D G E
J E F F M AC K
V I C TO R I A T U R N E R
Body and Paint Programme Manager Jaguar Land Rover UK Client Care
Alternative Fuel Consultant JMC/NWVA
CEO Activate Accident Repair CCO Activate Group
That was the overarching message of a session entitled, Managing EVs in the Real World, which featured Jeff Mack, Alternative Fuel Consultant, JMC/NWVA; Victoria Turner, CEO of Activate Accident Repair and COO of Activate Group; and Martin Burbidge, Body and Paint Programme Manager, Jaguar Land Rover. Martin said that EVs have changed the game, with information sharing throughout the supply chain among the most significant challenges. He said, “Once you’ve built the vehicle the question is how do you make repair information available to the industry. The challenge for us is making sure the retailers and network are able to safely power down and repair EVs. “It all adds cost, especially as there are differences between all manufacturer-training, and even within one manufacturer the training needs to be continuous because every new model comes with new safety rules around batteries. But it’s up to VMs to ensure the information is available.”
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FNOL One way to reduce costs throughout the claims journey is to ensure the vehicle is on the right repair journey from the outset, and that means gaining as much information as possible at FNOL. Victoria said, “Ensuring a smooth claims journey for an EV begins the moment of the collision. As always, it’s about information and you need as much information as possible at FNOL. You need to know what has happened, the vehicle it has happened to, and the damage profile. “Understanding the circumstances of the incident and then working with people qualified to take the claim forward is essential. As an industry, we’re responsible for looking after customers so we need to identify really quickly if there is a safety risk, and then deploy experts if there is.”
T H E E V- O L U T I O N
Safety EVs have also changed the game for first responders, and Jeff says the key message is: know what you’re dealing with and how to deal with it. NWVA has now developed a seven-hour IMI-approved course to help recovery drivers stay safe and keep their customers safe. Jeff said, “We’re learning new things every day. The biggest issue is people saying it’s too costly to do the training, but the risks of a lack of knowledge are too severe. The first step is knowing what you’re dealing with, or you may end up sending the wrong person with the wrong recovery vehicle to the scene.”
Challenge and opportunity Certainly training is a concern in an industry already operating on tight margins. In fact, a live survey of attendees during the sessions identified knowledge and training as the biggest EV challenge. However, training, along with recycling, was also listed as one the greatest opportunities. Victoria concluded, “Change is a given and everything becomes normal after a period of time. We’re getting better at triage and automation, and we’re getting better at looking after the customer journey as a result. “The next five years is about repairers investing in their businesses so they’re qualified and able to repair EVs, but beyond that, more change is coming and we need to work together. There is no logical reason to break the EV challenge down into different sections and tackle it independently. The only way we get through this is to be informed from the start of the journey to the end of the journey, and to make good decisions.”
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GAINING GROUND TOGETHER 2023
Realities of EV repair Opinion within the industry remains divided on both the practicalities of repairing EVs and their long-term future. While some believe electrification of the car parc is inevitable and repairers need to ready themselves now, others suggest the technology may yet be usurped by an alternative and that reshaping their businesses around EV repairs is expensive and unrealistic.
G I O A DA M O
DAV E S A RG E A NT
E R I K A WO O LL ACOT T
Senior Engineer Zego Insurance
Managing Director Gemini ARC
Managing Director Fix Auto Mid Devon & Fix Auto Newton Abbot
Dave Sargeant, Managing Director, Gemini ARC; Erika Woollacott, Managing Director, Fix Auto Devon and Fix Auto Newton Abbot; and Gio Adamo, Senior Engineer, Zego Insurance, took part in an honest and frank debate, Realities of EV Repair. Dave said, “A few people have said the average repair costs of EVs are similar to petrol and diesel. I don’t think they are at all. Not if you take into account the investment in training and equipment. You’re paying up to £40,000 just to get the tooling, so repairing an EV is a huge cost and I think insurers need to be aware of that.”
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Safety
“It’s not practical,” he said. “Are we meant to park them down
Apart from cost, he also said there still remains real issues around their safe repair. He said that not all manufacturers have made repair methods freely available – “The methods just don’t exist,” Dave said – while the accepted safety protocols are sometimes impossible to adhere to.
the street? And repair processes are different for EVs too. A VDA needs to speak to a level 3 trained technician before he even goes out to the car, and then how do you move the car around the shop when it’s turned off? Or do we bring the spraybooth to the car?
For example, bodyshops have been advised to keep EVs away from other vehicles and buildings to mitigate fire risks, but Dave said that very few bodyshops have the space for that.
T H E E V- O L U T I O N
Opportunity? “Maybe it’s a brilliant opportunity to change every process in our shop, but until EVs reach saturation point we’re going to have some Gemini sites capable of doing everything on them, and others that won’t touch them. Petrol and diesel will still be around for a long time. They will still be the bulk of our work for a long time.” It’s not just bodyshops having to work differently. Processes are also changing for insurers. Gio explained, “Most of our work is done remotely, but communication at the point of FNOL is key. The amount of information we need to take now is so much more than it used to be. We want to know where the vehicle was hit, the level of damage, secondary damage, how many people were in the vehicle, and if there was any impact to the underside of the car. We can then pass that information on to repairers so they know what they’re dealing with. The more information you have, the better choices you make.”
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Investment But can businesses justify the investment? Volumes dictate that, and while EV sales have soared in recent years, uptake has not moved at the same rate throughout the country, with the bulk of sales in the South East. Erika said, “We’re not seeing many EVs at all. We’ve had 12 in the last 12 months, yet we have to be geared up and ready to deal with them. We’ve undertaken the Thatcham Research EV Ready process so everyone in our business is EV aware, and we’re training our staff and giving them the opportunity to deal with new technologies, but that also means we’re giving them the opportunity to be poached.” Taking into account facilities, training and equipment, the level of investment required to repair EVs is not insignificant, and bodyshops, already facing unique challenges, need to be sure the technology is here to stay. But not everyone is 100% convinced. Erika said, “We’re being asked to invest an awful lot into EVs, but will we have other technologies coming? It’s really difficult to know what the future holds. The one thing everyone does need to have is agility. You need to be prepared for whatever is coming.”
GAINING GROUND TOGETHER 2023
EVs and the insurer perspective More than nine out of 10 attendees at ARC360’s specialist EV event, predicted a ‘noticeable’ or ‘significant’ increase in electric vehicle claims in the next two years. Only eight per cent expected the rise to be minimal.
However, most do not foresee EVs becoming the majority of their claims/work mix for some time yet, with 32% saying it would take another six to nine years and 28% saying nine to 12 years. A further eight per cent did not think it would happen for another 12-15 years with just one per cent expecting EVs to overtake ICE vehicles in under three years. It is exactly this variable volume and unknowable timeline that has left many businesses in a state of uncertainty – committing to EVs is costly and for many there is no guarantee of a swift return on an investment.
Challenge For insurers, this poses a significant challenge in terms of both underwriting and repair capacity.
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M A R I A LO U K A DA K I
C H R I S PAY N E
Motor Repair Specialist - Future Technology Specialist Direct Line Group
Head of Networks & Engineering LV= Insurance
LV= and Direct Line Group have taken slightly different approaches to these challenges, but in each case the focus is on close collaboration with repairers. Speaking during a session entitled, EVs and the insurer perspective, Chris Payne, Head of Networks & Engineering, LV= Insurance, said, “We’ve been quite aggressive in the electric vehicle market over recent years and have quite a chunk of the marketshare. We have our own EV policy proposition which is going well. “EV claims volumes are quite low for us, but we need to make sure we’ve got the capability ready for the future. We have about 100 approved repairers nationally and we also have 37 sole sites across our partners. They are not owned by LV=, but they are 100% dedicated to LV=.
“We have minimum standards across all our sites because regardless of volumes, all repairers need to be EV ready. We understand that is a challenge, but we need repairers, they’re fundamental to our business, so we give us much investment support to our repairers as possible to make sure they have the right skills and training and tooling and equipment. “It is a collaborative approach. We talk to them to understand their challenges and help them overcome them as quickly as we can, and for us it’s a great way to test and learn new and better ways of working.”
Own network DLG’s model is slightly different. It operates its own bodyshop network and although volumes
T H E E V- O L U T I O N
are still small invests heavily in its repairers to ensure they are EV-ready. This means continuous investment in tooling and training. Maria Loukadaki, Motor Repair Specialist, Future Technology Specialist, Direct Line Group explained, “We think it is easier to keep EV repairs in our network. We can control the costs and it gives our underwriting team valuable data. We can also control the quality of the job by making sure our people are trained and they are following the methods. It is a big investment to remain fit for the future, but even if you just have one EV on site the process needs to be there.”
Challenges However, both Chris and Maria agreed that EVs do present challenges. New models from China are entering the market and not all come with established repair methods – Chris called for greater regulation around this – while their sustainability credentials will remain in question until batteries are more easily repaired or recycled. Maria said, “Manufacturers want us to replace rather than repair, but how long can we keep throwing good parts away and remain sustainable? They need to consider repairability in design and talk to the industry more. We are not their competitors. We want to insure and repair their vehicles so they need to talk to us more.” Chris agreed, “The biggest step-change will come when we start repairing batteries instead of writing them off. In 10 years’ time we need to be repairing batteries and battery
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cells. But we need manufacturer support to get there. The common denominator to all of us is customer retention – manufacturers and insurers both want to retain customers but if cars are not easy to repair we’re going to price that vehicle out of the market. Customers won’t buy them and manufacturers won’t sell them.”
Future Going forward, more change is coming. It is unlikely that EVs will be the majority powertrain in the UK car parc by 2030 despite government intentions, but they are not the only change impacting the sector. “The challenge doesn’t stop with EVs, it starts with EVs,” warned Maria. “At DLG, our vision is to make sure the customers remain our focus. We need to make sure we can repair their vehicles no matter what technologies they have in them, and that our products are relevant to them.”
GAINING GROUND TOGETHER 2023
What an EV future might look like
While there remains some negativity towards electric vehicles and some doubt that they will own the future exclusively, EV Bodyshops and The Novo Group have proven that whatever challenges the technology presents can be overcome.
JA M E S A LLE N BY
A DA M TH U R M A N
R AU L Y U S TE S E P U LV E DA
Managing Director The Novo Group
Managing Director EV Bodyshops
Global Key Account Manager – Battery Recycling BASF
Adam Thurman, Managing Director, EV Bodyshops, and James Allenby, Managing Director, The Novo Group, took part in a session, What an EV future might look like, and explained how their businesses had been established specifically for the EV market and the growth they have achieved in recent years shows that it is possible to manage EVs without compromising on customer service or profits.
Adam said, “We want to control the customer journey. We can do that when the car is in our workshop, but often you’ll find that once it goes to the dealership it disappears for a week or two. So we have SLAs in place to ensure that doesn’t happen. It’s just about doing things a little differently.”
Dedicated
Meanwhile, The Novo Group was established in 2015 as the UK’s only accident manager focused solely on EVs. It has since expanded its services and now offers motor insurance, claims management and repair services, while also operating its own fleet of some 200 vehicles.
Adam said, “EV Bodyshops opened two years ago as a dedicated EV repairer in north London. We don’t have EV bays, we are an EV workshop with trained technicians and strict processes. We have WiFi around the whole building to enable software updates and everyone in the business is a first aider because safety has to come first.” Meanwhile, to protect the customer journey, if and when the vehicle goes to one of its dealer partners, EV Bodyshops has service level agreements in place to ensure that work begins within 24 hours.
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Growth
James said, “The industry is still quite negative towards EVs – insurers think they’ll catch fire and are expensive to repair. But when you’re working with them on a day-to-day basis you realise that a lot of the costs and inefficiencies are not down to the car or a lack of repairers, but with insurers themselves. We’ve been using a one-size-fits-all claims model for 30 years and it doesn’t work anymore.
T H E E V- O L U T I O N
“I think EVs represent a fantastic opportunity to make a sizeable change within the industry, and we know it can work because we’ve been through the pain points and have solutions, we’ve dispelled a lot of the myths and have the data to back it up, but we need to collaborate more. We’re still quite siloed.”
Batteries Joining them in the session via video link was Raul Yuste Sepulveda, Global Account Manager – Battery Recycling, BASF. He explained that a sustainable EV future will depend on battery production, and how BASF is developing its closed loop vision in battery supply and recycling. Raul said, “BASF has a tradition of creativity and innovation towards the challenges society is facing. The biggest challenge we have in front of us now is sustainable e-mobility. BASF wants to be part of the solution so we have created a business, BASF Battery Recycling, to power a net zero future for e-mobility.” He explained that end-of-life battery and cell recycling not only secures a sustainable supply of raw materials but also means BASF exceeds regulations such as the EU Battery Regulation, which will come into force in 2025 and stipulates that all automotive batteries need to be collected and treated. Already established in Asia and America, BASF Battery Recycling is quickly expanding capacity in Europe and by 2030 Raul expects there to be 50 production factories on the continent able to handle and recycle a million tonnes of battery waste. He concluded, “Battery recycling is crucial to the future and we are able to offer this service to our customers now.”
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GAINING GROUND TOGETHER 2023
In association with:
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THE EV-OLUTION GAINING GROUND TOGETHER 2023
“It was an excellent event “ “By far the best event I’ve been to... A great eye opener and the points were put across really well”
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T H E E V- O L U T I O N
“A brilliant event” “Great event - some very sound and open knowledge sharing”
“Very thought provoking – all round excellent day”
“ARC360/ILC really are setting a high bar for industry events. Excellent content based upon a key subject”
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GAINING GROUND TOGETHER 2023
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