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08 Dec 2020  |  North America  |  Market Research
Evolution of Electric Vehicle Battery Reuse and Recycling, Global Market, Forecast to 2025
NMC Batteries will become a Profitable Proposition in Terms of Recycling; LFP Batteries will have Higher Reuse Value
China will continue to dominate the electric vehicle (EV) battery reuse and recycling market because it is the worlds 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 oth...
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