Growth Opportunities for Electric Vehicle Battery Salvaging in Europe and the United States, 2024–2030
Transformational EV Growth Spurs Need to Reuse Batteries as Salvage Rates in 2023 Reached 21% in Europe and 17% in the US
This study offers an estimate of the current electric vehicle (EV) battery salvage rates prevalent in Europe and the United States as of 2023. The report defines EV battery salvage rates and delineates the major materials recovered during the salvage process. It highlights the Li-ion battery (LIB) value chain along with insights into its significance across the EV industry.
The research discusses the importance of salvaging EV batteries as part of sustainability practices and provides case studies on different EV battery recyclers. It offers a comparative analysis of EV battery salvage-related regulations worldwide, focusing on diverse regulatory frameworks. It also explores prominent recycling plants operating in Europe and the United States, reflecting on regional variations.
By providing information on existing EV battery salvage rates and looking at major sources of batteries for salvage processes, the report seeks to inform stakeholders about the evolving landscape of EV battery salvaging, with special focus on Europe and the United States.
Transformation in EV Battery Salvage Sector
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Electric Vehicle (EV) Battery Salvage Industry
Ecosystem
Scope of Analysis
Growth Generator
Growth Drivers
Growth Restraints
Growth Environment
EV Battery Salvage Industry Overview—Europe & US
Global Overview by Region—EV Battery Recycling Companies
Source for Salvageable EV Batteries—Present and Future
Regulatory Framework for EV Battery Salvaging
EV Battery Salvage Rate Introduction
EV Batteries—Salvage Rate and Value Chain
Major Materials Recovered from EV Salvage Activity
EV Battery Types and Salvageability
LIB Recycling Value Chain
Salvage Process for Used Lithium-ion Batteries
Significance of EV Battery Salvaging
Major Second Life Applications for EV Batteries
Challenges in EV Battery Salvage Process
Regulatory Outlook
Major Regulations Governing EV Salvage Rates
Regulatory Framework for EV Battery Salvaging—European Union
Regulatory Framework for EV Battery Salvaging—United Kingdom
Regulatory Framework for EV Battery Salvaging—China
SSR—Global Scenario
EV Recycling Industry Outlook
EV Battery Salvage Value Chain Players
EV Battery Recycling Capacity Overview—United States
EV Battery Recycling Capacity Overview—Europe
EV Battery Recycling Companies—United States
EV Battery Recycling Companies—Europe
Case Study 1—Li-Cycle
Case Study 2—Primobius
Automotive OEMs’ Strategies and Activities
EV Battery Salvage Rate Estimation
Methodology for Determining EV Battery Salvage Rate in 2023 (US & Europe)
EV Battery Salvage Rate in Europe (2023)
EV Battery Salvage Rate Trends in Europe (2023)
EV Battery Salvage Rate in the United States (2023)
EV Battery Salvage Rate Trends in the United States (2023)
Growth Opportunity Universe
Growth Opportunity 1—Battery Recycling and Repurposing Technology Advancements
Growth Opportunity 2—Circular Economy Practices Focused on EV Battery Manufacturing and End-of-Life Disposal
Growth Opportunity 3—Demand for Second Life EV Battery Applications