Recycling electric vehicle (EV) battery packs can significantly enhance the EV market, reduce environmental impacts, and support a growing industry. However, challenges like increasing battery volumes and establishing efficient reverse supply chains for used batteries remain. Valuable materials from old batteries can be reused, minimizing reliance on harmful mining. As the industry evolves, it must adapt to changes in battery technology and build regional supply chains for safe and cost-effective recycling. Government support and projected revenue growth indicate a promising future for the EV battery recycling sector.

Source: https://www.scmr.com/article/logistics-key-to-supercharging-ev-battery-recycling