The EV Battery Recycling Conundrum -Lithium - Ion Battery Equipment

Electric vehicle batteries face recycling challenges -Lithium - Ion Battery Equipment

Batteries for the first electric and hybrid vehicles are approaching retirement age, but they won’t be sent to landfills, but instead help chill beers in 7-Elevens stores in Japan and charge cars in California,media reported power stations and store energy for European households and grids.

Lithium-ion batteries in cars and buses can be recharged and discharged for another 7 to 10 years after they are removed from the chassis, which is going to happen to automakers, power suppliers and raw material suppliers around the world big influence.

With global inventories of electric vehicle battery modules expected to exceed 3.4 million by 2025 (about 55,000 this year), finding ways to reuse the technology has become increasingly urgent, according to BloombergNEF.(Lithium - Ion Battery Equipment)

my country, which sells half of the world's electric vehicles, will introduce new rules in August that will let automakers dispose of retired batteries and ban them from being sent to landfills. The EU also has relevant regulations, and industry insiders expect the US to follow suit.

General Motors, BMW, Toyota, BYD, and other renewable energy storage suppliers are all working to create an aftermarket for retired batteries in electric vehicles, hoping for additional profits. Electric vehicle batteries are "recycled and reused" and create a second revenue stream, which helps lower the price of electric vehicles.

Johan Stjernberg, CEO of Swedish energy company BoxofEnergyAB, which works with Porsche and Volvo Cars, said: "Automakers are about to face a problem that we are already starting to see: a large number of retired batteries, their recycling The market will be huge."

BNEF's predictions for the next ten years are staggering. Electric vehicle battery demand will rise 25-fold by 2030. Data released by Paris-based Avicenne Energy shows that cars have surpassed consumer electronics as the largest user of lithium-ion batteries.

BNEF predicts that by 2040, more than half of new cars and a third of the world's vehicles (equivalent to 559 million vehicles) will be powered by batteries. By 2050, companies will invest about $550 billion in home, industrial and grid battery storage.

"The logic behind this is a circular economy, where batteries from electric vehicles will increasingly become an important part of the energy world," said Cecile Sobole, project manager for Renault's electric vehicle business.

However, TSLA, the largest U.S. electric vehicle maker, remains on the sidelines as many companies jump on board. The company said that after 10 to 15 years of use, its batteries may not be suitable for new tasks, and it is now focusing on recycling raw materials.

If it becomes more profitable to extract substances like cobalt and it becomes easier to make new batteries, efforts to reuse them may slow. Evidence of degraded battery performance in EVs is that owners will drive fewer miles per charge and recharge more frequently.

These parts typically last about 10 years in family cars, but only 4 years in buses and taxis. While these replaced batteries cannot run on passenger cars, they are ideal for less demanding tasks, such as storing power for solar panels and wind turbines, and for the conventional grid when prices are lower.

"Lithium-ion batteries actually never die," said Hans Eric Melin, founder of Cycling Energy Storage Research and Consulting in London. "It's like you can take an alkaline battery out of a flashlight and put it in Same on the remote, it's still good enough."

By 2025, about three-quarters of waste electric vehicle batteries will be reused and then recycled for raw materials, Merlin said. This means that automakers and battery producers can profit from the same product multiple times.

Swedish energy company BoxofEnergy, London's powervault and Melbourne's Relectrifypty are all helping to develop a "second life" for electric vehicle batteries. Many automakers either partner with them or go it alone.

In the basement of a three-story apartment building in western Sweden, BoxofEnergy installed refrigerator-sized silver cabinets, each using 20 battery modules recycled from Volvo hybrid cars. They store energy for rooftop solar panels, which are then used for elevators and lighting that operate in public spaces.

Powervault said the technology could cut household electricity bills by more than a third. The company plans to disassemble the Renault Zoe's battery packs for use in homes and schools in England this summer. The powervault dishwasher-sized device can calculate when it is most cost-effective to charge from the grid and when it is best to use stored electricity.



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