As electric vehicles become more popular, the demand for recycling lithium-ion batteries will increase significantly in the coming decades.
This is a bit of a lag because EV batteries, for example, have to run for eight years before becoming a candidate for recycling. You can also get more information about best lg li ion battery via https://ibatteries.net/collections/lg-li-ion-battery/18650.
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Although they are no longer suitable for their vehicle applications, they can be used successfully in stationary energy storage systems for grid balancing.
Even so, these factors only slowed down the inevitable. By 2025, obsolete electric vehicle batteries will outperform consumer electronic batteries and dominate the recycling market, while concerns about the supply of raw materials, especially rare metals such as cobalt, will increase.
Recycling offers an important solution to the uncertainty of raw material supply and price fluctuations. By recovering essential raw materials from lithium-ion batteries, manufacturers can protect themselves from supply disruptions and generate an additional source of income.
However, recycling is a challenge. An efficient battery collection network is essential to ensure that sufficient quantities are available for economical recycling.
The lack of a battery recycling project makes disassembling and sorting of batteries expensive and time-consuming. This is compounded by the various constructions and high-voltage EV batteries.
Recyclers also need to extract more materials of higher purity and efficiency than consumer electronics to damage batteries.