The future recycling of electric car batteries raises a number of challenges, from the recovery of raw materials to their reuse. A study published by IDTechEx provides some answers.
The report, titled “Second-life Electric Vehicle Batteries 2025-2035: Markets, Forecasts, Players, and Technologies”, conducted by IDTechEx, analyses the market for second-life electric vehicle batteries worldwide over the period 2025-2035. IDTechEx forecasts that the market for second-life electric vehicle batteries could reach US$4.2bil (RM18.66bil) by 2035.
