Search results for: 'devic motor strategy'

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

03 Jul 2019  |  Global  |  Market Research

Growth Opportunities in the Circular Economy for Global Electric Vehicle Battery Reuse (Second-life) and Recycling Market, Forecast to 2025

Reuse Currently Dominates the Market with Recycling Expected to Significantly Drive Market Growth from 2021 Onwards

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The global electric vehicle reuse and recycling market stands at $61.5 million as of 2018 and is expected to reach $7809.1 million by 2025, recording a CAGR of 99.8%. The reuse segment is currently in full swing in terms of revenue; however, over the years, recycling of EV batteries is going to gain traction. With escalating metal prices specially ...

Increasingly stringent emission regulations and growing environmental awareness has been driving widespread adoption of clean energy solutions adhering to low carbon protocols. On the other side, growing urbanization and industrialization across the globe, which has led towards growth in consumption of goods, and materials, has resulted in a waste ...