Hydro, WEVC announced their joint initiative on Wednesday to explore the use of recycled and low carbon aluminum in the manufacturing of WEVC’s commercial electric vans.
Hydro, a leading aluminum producer, and UK-based Watt Electric Vehicle Company (WEVC) announced their joint initiative on Wednesday to explore the use of recycled and low carbon aluminum in the manufacturing of WEVC’s commercial electric vans. This partnership aligns with the ambitious climate goals set by WEVC for its potential customers.
Hydro’s low-carbon aluminum, manufactured using renewable energy sources, boasts an impressive carbon footprint of only 4.0 kg per tonne, significantly below the global average of 16.7 kg.
The collaboration aims to evaluate the incorporation of recycled aluminum into the production process, a move expected to further reduce the carbon footprint of WEVC’s eCV1 electric van by an impressive 50%. Notably, the plan involves returning the aluminum to Hydro at the end of the vehicle’s life, emphasizing a commitment to a circular and sustainable manufacturing approach.
Paul Warton, Executive Vice President of Hydro Extrusions, expressed the significance of this venture, stating, “Cutting the embedded carbon footprint of an electric light commercial vehicle in half is a huge step forward for more responsible manufacturing.”
WEVC, headquartered in Cornwall, southwest England, has strategically designed a lightweight electric van utilizing aluminum and composite materials. With a prototype already developed, the company plans to assemble a small fleet of test vehicles for potential customers by 2024, with series production anticipated to commence in late 2025.
Neil Yates, CEO of WEVC, highlighted the company’s commitment to sustainability, aiming to produce entirely recyclable vans designed to last for an impressive 20 years. This focus on longevity, recyclability, and reduced carbon emissions is a key selling point for fleet buyers engaged with WEVC.
In contrast to some electric vehicle startups that faced financial challenges after securing substantial investments, WEVC has taken a measured approach, having raised “single-digit millions of pounds” from investors. The company plans to initiate a fresh funding round in 2024 to secure “double-digit millions,” according to Yates.
Looking ahead, WEVC envisions investing in a small manufacturing facility in the UK with a production capacity of 5,000 vans annually. The startup has set an ambitious goal of achieving profitability from 2026 onward. With a holistic focus on sustainability, innovation, and responsible manufacturing, this collaboration between Hydro and WEVC signals a significant stride towards a greener future in the electric vehicle industry.