This study offers an estimate of the current electric vehicle (EV) battery salvage rates prevalent in Europe and the United States as of 2023. The report defines EV battery salvage rates and delineates the major materials recovered during the salvage process. It highlights the Li-ion battery (LIB) value chain along with insights into its significance across the EV industry.Transformational EV Growth Spurs Need to Reuse Batteries as Salvage Rates in 2023 Reached 21% in Europe and 17% in the US
The research discusses the importance of salvaging EV batteries as part of sustainability practices and provides case studies on different EV battery recyclers. It offers a comparative analysis of EV battery salvage-related regulations worldwide, focusing on diverse regulatory frameworks. It also explores prominent recycling plants operating in Europe and the United States, reflecting on regional variations.
By providing information on existing EV battery salvage rates and looking at major sources of batteries for salvage processes, the report seeks to inform stakeholders about the evolving landscape of EV battery salvaging, with special focus on Europe and the United States.
Table of Contents
Transformation in EV Battery Salvage Sector
Ecosystem
Growth Generator
Growth Environment
EV Battery Salvage Rate Introduction
Regulatory Outlook
EV Recycling Industry Outlook
EV Battery Salvage Rate Estimation
Growth Opportunity Universe
Best Practices Recognition
Next Steps
