Building Green Ecosystem for Used EV Batteries
Problems Today along with Drastic Growth of Electrical Vehicles
266 million EV on road in 2040
that there will be at least 100 million electric vehicles hitting the roads
worldwide between 2030 and 2035, and even 266 million electric vehicles
in 2040
will jump to 675,000 units in North America in the
year of 2030 per forecast
The many different materials in a typical Li-ion Battery complicate recycling.
Recycling of aluminum or lithium from the slag is neither economical nor energy efficient.
Emission of potentially toxic by-products during recycling.