Idtechex Discusses Why Oems Are Investing In Lib Recycling

In the past, the lack of end-of-life batteries meant that the Li-ion (lithium-ion) recycling market had little opportunity to prosper. The transition to electric vehicles (EVs) is changing this. Recycling enables countries to domesticate battery material supply, hedge risks of fluctuating metal prices, and reduce reliance on unsustainable mining practices. Various stakeholders across the value chain are upping recycling capacity to prepare for the mass availability of valuable end-of-life Li-ion batteries due to supply, regulatory, and environmental motivations.