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.

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