Growth Opportunities in Electric Vehicle (EV) Battery Reuse and Recycling
Government Regulations and Environmental Concerns Prompt Market Participants to Establish Circular Economy
11-Oct-2022
North America
Market Research
$2,450.00
Special Price $1,837.50 save 25 %
Environmental concerns resulting from the increasingly apparent climate change effects drive the worldwide adoption of sustainable transportation. With governments phasing out vehicles that run on fossil fuels through stringent emissions regulations, people are purchasing electric vehicles (EVs) in significant numbers. The global EV market recorded over 75.6% revenue growth in 2021, increasing battery demand. However, when they reach the end of their life as EV batteries, they still have 60% to 70% of their capacity. This opens up opportunities to repurpose batteries in second-life applications and recycle them to extract valuable elements such as cobalt and nickel, leading to the growing EV battery reuse and recycling market.
Although the current market trend indicates a preference for recycling in the short term (two to three years), rising technological sophistication, proven business models, and clear regulations will increase second-life applications in the long term.
In this report, Frost & Sullivan analyzes the following market aspects:
• Regulatory framework by region, including global, Europe, China, and Japan
• Value chain, business models, and prominent participants
• Top automotive EV OEMs’ plans and alliances on battery reuse and recycling
• Major battery recycling companies by region (the Americas, Europe, China, and Asia-Pacific)
• Strategic imperatives and growth opportunities
Author: Prajyot Sathe
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the EV Battery Reuse and Recycling Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Growth Drivers
Growth Restraints
EV Battery Second-life Trends—Highlights
EV Battery Life Cycle
Secondary Life Applications
Challenges and Barriers in EV Battery Reuse and Recycling
Regulatory Outlook—Highlights
Regulatory Framework for EV Battery Reuse and Recycling—Global
Regulatory Framework for EV Battery Reuse and Recycling—Europe
Regulatory Framework for EV Battery Reuse and Recycling—China
Regulatory Framework for EV Battery Reuse and Recycling—Japan
SSR—Global Scenario
Reuse and Recycling Market Outlook—Highlights
Battery Reuse and Recycling—Installed Battery
Estimated Reuse and Recycling Capacity—Up to 2030
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
Recovery Process for Used LIDs
Recycling Value Chain Players
Automotive OEMs’ Strategies and Activities
Life Cycle Assessment—VW Battery
Second-life Applications and Recycling
VW Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—Daimler Battery
Daimler Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—BMW Battery
BMW Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—Hyundai Battery
Hyundai Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—Tesla Battery
Tesla Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—RNM Battery
RNM Strategy and Activities Surrounding Battery Recycling and Reuse
RNM Strategy and Activities Surrounding Battery Recycling and Reuse (continued)
Life Cycle Assessment—GM Battery
GM Strategy and Activities Surrounding Battery Recycling and Reuse
Life Cycle Assessment—Stellantis Battery
Other Automotive OEM Activities Surrounding Second-life Applications
Regional Overview—EV Battery Recycling Companies
EV Battery Recycling Companies—Americas
EV Battery Recycling Companies—Americas (continued)
EV Battery Recycling Companies—Europe
EV Battery Recycling Companies—Europe (continued)
EV Battery Recycling Companies—China
EV Battery Recycling Companies—APAC
Umicore
4R Energy
Ningbo Brunp CATL New Energy
Li-Cycle
Redwood Materials
American Manganese
Primobius
Retriev Technologies
Ganfeng Lithium
Lithion Recycling
Growth Opportunity 1—Establish Parallel Industries for Battery Recycling and Manufacturing
Growth Opportunity 1—Establish Parallel Industries for Battery Recycling and Manufacturing (continued)
Growth Opportunity 2—Vehicle Manufacturers Prefer using Batteries for Second-life Applications over Recycling
Growth Opportunity 2—Vehicle Manufacturers Prefer using Batteries for Second-life Applications over Recycling (continued)
Growth Opportunity 3—Develop a Circular Economy for a Seamless Business Case in the Value Chain
Growth Opportunity 3—Develop a Circular Economy for a Seamless Business Case in the Value Chain (continued)
List of Exhibits
List of Exhibits (continued)
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Deliverable Type | Market Research |
---|---|
Author | Prajyot Sathe |
Industries | Automotive |
No Index | No |
Is Prebook | No |
Podcast | No |
WIP Number | PC17-01-00-00-00 |