TIER will recycle all the components of 172,000 batteries

TIER has partnered with Remondis, one of the world’s largest recycling providers, to give all lithium-ion battery cells in Europe a second life. This initiative joins the alliance closed in February with the Berlin startup Vertical Values ​​to extend the life of batteries through repair and recycling.

The agreement reinforces TIER’s circular economy strategy and covers the end-of-life management of lithium-ion batteries in the more than 172,000 vehicles (electric scooters, bicycles and mopeds) with which the company operates in 18 countries Europeans, including the 700 electric scooters that the company has deployed in the cities of Malaga and Tarragona; as well as the more than 2,000 electric bicycles that nextbike operates in Bilbao, Ibiza and León.

The extraction of raw materials for the production of lithium-ion batteries, such as those used in micromobility vehicles such as electric scooters, represents a significant environmental burden. As part of TIER’s commitment to sustainability, the company takes a step forward in its circular economy strategy to minimize the environmental impact of its vehicles. In this way, TIER and Remondis are committed to giving a second life to precious metals such as cobalt, nickel and manganese and other recyclable materials such as plastics, aluminum and electronic components present in batteries, which are only recycled if they cannot be recycled. repair or reuse.

Manuel Arauco, Country Manager of TIER in Spain, stated: “Prolonging the useful life of batteries and giving them a second life is one of the greatest challenges facing the electric mobility sector as a whole, not only for micromobility operators. TIER was born to definitively promote green mobility and we are firmly committed to leading the sector also in the field of sustainability, so this alliance represents an important step in this direction”.

TIER’s commitment to the Sustainable Development Goals

As part of its commitment to sustainability, TIER has adopted the United Nations Sustainable Development Goals (SDGs) TIER has raised its commitment to sustainability in all its operations.

In this regard, in 2021, TIER announced its partnership with Northvolt, a leading innovative provider of high-quality, sustainable battery cells and systems, to improve the environmental impact of batteries used in electric vehicles. Separately, TIER also closed a deal with Nunam, a German-Indian start-up advocating for green energy supply in rural India; and last February, the company closed an agreement with Vertical Values ​​to extend the useful life of batteries by repairing and recycling lithium batteries in all European markets.

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