Growth Opportunities in Electric Vehicle (EV) Battery Reuse and Recycling: Automakers Prefer to Use Batteries for Second-Life Applications Over Recycling

Dublin, Nov. 11, 2022 (GLOBE NEWSWIRE) — The “Growth Opportunities in Electric Vehicle (EV) Battery Reuse and Recycling” report has been added to from ResearchAndMarkets.com offer.

Environmental concerns resulting from the increasingly apparent effects of climate change are driving the global adoption of sustainable transportation. As governments phase out fossil fuel vehicles through strict emissions regulations, people are buying electric vehicles (EVs) in droves. The global electric vehicle market recorded revenue growth of more than 75.6% in 2021, increasing the demand for batteries.

However, when they reach the end of their life as EV batteries, they still have 60-70% of their capacity. This opens up opportunities to reuse batteries in second-life applications and recycle them to extract valuable elements such as cobalt and nickel, leading to the growth of the EV battery reuse and recycling market.

Although the current market trend indicates a preference for short-term recycling (two to three years), increasing technological sophistication, proven business models and clear regulations will increase long-term second-life applications.

In this report, the analyst analyzes the following aspects of the market:

  • Regulatory framework by region, including global, Europe, China and Japan
  • Value chain, business models and leading participants
  • Major automotive OEM plans and alliances for battery reuse and recycling
  • Leading Battery Recycling Companies by Region (Americas, Europe, China, and Asia-Pacific)
  • Strategic imperatives and growth opportunities

Main topics covered:

1. Strategic imperatives

  • Why is it increasingly difficult to grow taller?
  • The 8T Strategic Imperative
  • The Impact of the Top 3 Strategic Imperatives on the Electric Vehicle Battery Reuse and Recycling Industry
  • Growth opportunities fuel the growth pipeline engine

2. Analysis of growth opportunities

  • Search scope
  • Growth engines
  • Growth constraints

3. Applications and use of EV battery second life

  • EV Battery Second Life Trends – Highlights
  • EV battery life cycle
  • Secondary life applications
  • Challenges and Barriers to Electric Vehicle Battery Reuse and Recycling

4. Regulatory Perspectives

  • Regulatory Outlook – Highlights
  • Regulatory Framework for Electric Vehicle Battery Reuse and Recycling – Global
  • Regulatory framework for the reuse and recycling of electric vehicle batteries – Europe
  • Regulatory framework for EV battery reuse and recycling – China
  • Regulatory Framework for Electric Vehicle Battery Reuse and Recycling – Japan
  • SSR – Global Scenario

5. Market Outlook

  • Reuse and Recycling Market Outlook – Highlights
  • Battery Reuse and Recycling – Battery Installed
  • Estimated capacity for reuse and recycling – until 2030

6. EV Battery Value Chain

  • EV Battery Value Chain – Highlights
  • LIB recycling value chain
  • The establishment of a circular economy
  • Reuse and Recycling Market Business Models – Highlights
  • Automotive OEM Business Models – Highlights
  • Battery Manufacturer Business Models – Highlights
  • Used LID recovery process
  • Actors in the recycling value chain

7. Major automotive OEM plans and alliances for battery reuse and recycling

  • Strategies and activities of automotive suppliers
  • Life cycle analysis – VW battery
  • Second life applications and recycling
  • VW battery recycling and reuse strategy and activities
  • Life cycle analysis – Daimler battery
  • Daimler battery recycling and reuse strategy and activities
  • Life cycle analysis – BMW battery
  • BMW Strategy and Activities Regarding Battery Recycling and Reuse
  • Life cycle analysis – Hyundai battery
  • Hyundai’s battery recycling and reuse strategy and activities
  • Life Cycle Analysis – Tesla Battery
  • Tesla Battery Recycling and Reuse Strategy and Activities
  • Life Cycle Analysis – RNM Battery
  • RNM strategy and activities surrounding battery recycling and reuse
  • Life Cycle Analysis – GM Battery
  • GM Battery Recycling and Reuse Strategy and Activities
  • Life Cycle Analysis – Stellantis Battery
  • Other activities of automotive suppliers around second-life applications

8. Top Battery Recycling Companies

  • Regional Overview – EV Battery Recycling Companies
  • Electric Vehicle Battery Recycling Companies – Americas
  • Electric Vehicle Battery Recycling Companies – Europe
  • EV Battery Recycling Companies – China
  • EV Battery Recycling Companies – APAC
  • Umicore
  • 4R energy
  • Ningbo Brunp CATL New Energy
  • Li Cycle
  • redwood materials
  • US manganese
  • Primobius
  • Recovery technologies
  • Ganfeng Lithium
  • Lithium recycling

9. Universe of growth opportunities

  • Growth Opportunity 1 – Establish parallel industries for battery recycling and manufacturing
  • Growth Opportunity 2 – Automakers prefer to use batteries for second-life applications over recycling
  • Growth Opportunity 3 – Develop a circular economy for a transparent business case in the value chain
  • List of exhibitions

Companies cited

  • Umicore
  • 4R energy
  • Ningbo Brunp CATL New Energy
  • Li Cycle
  • redwood materials
  • US manganese
  • Primobius
  • Recovery Technologies
  • Ganfeng Lithium
  • Lithium recycling

For more information about this report visit https://www.researchandmarkets.com/r/l8n9jv

        

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