Battery Recycling
Today, we delve into the realm of battery recycling, shedding light on its overlooked opportunities, emerging efficiencies, and the technologies shaping its future.
Zero to Hero: The Growing EV Battery Recycling Industry
The EV battery recycling industry is on the brink of exponential growth, with projections soaring to over $500 billion by 2050. Major automakers are recognizing the potential of this sector, with VW leading the charge with its upcoming plant set to come online in 2020. This plant is poised to churn out 1,200 tonnes of recovered parts, highlighting the industry’s potential to revolutionize recycling practices and support a sustainable, circular economy.
Making Gains: Repurposing Retired EV Batteries
Despite only 5% of lithium-ion batteries being recycled presently, retired EV batteries retain significant capacity, around 70-80%, at the end of their projected 10-year life cycle. These batteries can be repurposed for various applications, such as storing solar energy for homes or powering streetlights. The Johan Cruyff Arena in Amsterdam exemplifies this concept, utilizing second-hand EV battery packs to reduce its carbon footprint during major events. Additionally, where batteries cannot be repurposed, they can be shredded for their metal components, offering an opportunity to recover precious metals like cobalt.
A Step in a New Direction: Exploring Emerging Battery Technologies
Emerging technologies, such as sodium-ion and solid-state batteries, offer promising alternatives to lithium-ion counterparts. Sodium-ion batteries, in particular, boast abundance and affordability compared to lithium-ion batteries. Solid-state batteries present an exciting prospect for enhanced efficiency and safety, potentially revolutionizing the battery industry.
Conclusion: Paving the Way for a Sustainable Future
The electric recycling industry holds immense potential for promoting a greener, more sustainable tomorrow. As we embrace emerging technologies and recycling practices, we move closer to a circular economy and ethical motor industry. Stay tuned for further insights into battery recycling and EV battery technology. For a deeper dive into this topic, explore Dr. Helen Czerski’s visit to WMG for Fully Charged.
