Global Electric Vehicle Battery Reuse & Recycling Market Report 2020: Collaborations Between Private and Public Entities will Become an Important Strategy

News provided by

Jan 08, 2021, 14:00 ET

DUBLIN, Jan. 8, 2021 /PRNewswire/ -- The "Evolution of the Global Electric Vehicle Battery Reuse & Recycling Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

China will continue to dominate the electric vehicle (EV) battery reuse and recycling market because it is the world's largest EV market. The rising number of EVs on the road is anticipated to increase the cost of the key materials used in batteries (lithium and cobalt, for example).

To reduce their dependence on the import of key materials from other countries, many companies have decided to construct their own facilities for the recycling of batteries. Existing recycling methods are based on chemical extraction processes tailored for single, specific elements (mainly, lithium and cobalt). The need of the hour is a new technology/solution that will help to overcome the challenge of having separate extraction processes for various elements.

Given the challenges battery disposal presents, recycling works as an opportunity to increase profit margins and decrease footprint, which will act as additional benefits for stakeholders. Battery manufacturers are working on a unified design that will be easy to dismantle; information can also be shared about battery controlling systems' interfaces and communication protocol.

Collaborations between private and public entities will become an important strategy for effective advanced vehicle battery recycling. Innovative business models such as the Tesla-Umicore partnership create arrangements that are as good for the company as they are for the community; they also demonstrate how a recycling system can be both profitable and environmentally sound.

Supportive regulations that focus on the recycling of Li-ion batteries will alleviate material scarcity, lower material costs, and reduce energy usage, emission, and mining-related impacts. Robust investments in collection and recycling infrastructure and technology for new-generation vehicle batteries, along with effective regulations, will promote higher collection and recycling rates for Li-ion batteries.

Key Topics Covered:

1. Executive Summary

2019 Highlights
Li-ion Batteries - Types of Chemistries
Li-ion Battery Portfolio and Battery Chemistry Value Chain
The Journey of the Li-ion Battery
Responsibility Scenarios
Key Trends Impacting the Market

2. Research Scope and Segmentation

Research Scope
Research Aim and Objectives
Key Questions this Study will Answer
Research Background
Research Methodology

3. Global EV Battery Reuse and Recycling Market Outlook

2019 Highlights
Recovery Process for Used Li-ion Batteries
Recycling of Batteries
Li-ion Batteries - Types of Recycling Methodologies and Comparison
Key Trends Impacting the Market
Challenges and Barriers in the Battery Recycling Process

4. Chemistry of Li-ion Batteries

Li-ion Batteries - Types of Chemistries
Li-ion Batteries - Types of Chemistries
Li-ion Battery Portfolio and Battery Chemistry Value Chain
Li-ion Batteries - Adoption Trend by OEMs

5. Reuse and Recycling Methods and Value Chain

The Journey of the Li-ion Battery
Design for the Disassembly of EV Battery Packs
Li-ion Batteries - Recycling Value Chain
Responsibility Scenarios
Battery Recycling Companies
Li-ion Batteries - Recycling Value Chain (Basic Outline)
Service and Collection
Dismantling and Sorting
Battery Quality Check
Battery Reuse
Second-Life Battery Application
Battery Scrap
Battery Material Refining
Battery Remanufacturing

6. Existing Business Models

Existing Reuse and Recycle Business Models

7. Reuse and Recycling Policies

Recycling and Reuse of EV Li-ion Batteries
Outlook for Battery Reuse and Recycling Policies - US and Canada
Outlook for Battery Reuse and Recycling Policies - Europe
Outlook for Battery Reuse and Recycling Policies - China

8. Growth Opportunities and Companies to Action

Growth Opportunities
Strategic Imperatives

9. Key Conclusions

10. Appendix

Companies Mentioned

Tesla
Umicore

For more information about this report visit https://www.researchandmarkets.com/r/ohvn6f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets