Battery recycling in EU to be profitable before 2035: German study


  • World
  • Thursday, 17 Aug 2023

BERLIN, Aug. 16 (Xinhua) -- Battery recycling in the European Union (EU) will be a "profitable and sustainable business" before 2035, according to a study published by the strategy consulting business unit of PricewaterhouseCoopers (PwC) Strategy& and RWTH Aachen University on Wednesday.

"The general increase in electrification and battery production due to e-mobility will drive the recycling market in Europe," said Achim Kampker, head of Production Engineering of E-Mobility Components (PEM) at RWTH Aachen University.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Uganda opposition candidate says he was beaten by security forces
Iran awaits second plane of nationals deported from US
Bucharest votes in mayoral race that could hand far right a first EU capital
'Everything destroyed' as Indonesia's Aceh grapples with disease after floods
US envoy says Ukraine peace deal is close but Moscow says it wants radical changes
Russia says it downed 77 Ukrainian drones overnight
Benin government says armed forces foil coup attempt
Russian strike hits Ukrainian city of Kremenchuk, cutting utilities, mayor says
Australia downgrades wildfire alerts in New South Wales state
Flash: At least 23 people killed in nightclub fire in India: media

Others Also Read