Read the full story at Automotive Dive.
As electric vehicle adoption grows, an increasing number of batteries will reach the end of their useful life and require an alternative recycling solution to prevent them from being discarded in landfills, according to a report from Guidehouse Insights.
Recycling EV batteries could help establish a closed-loop supply chain and reclaim up to 98% of key raw materials to manufacture new batteries.
Ramping up recycling efforts may lessen automakers’ reliance on critical raw materials from international suppliers, including cobalt, lithium and nickel.
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