Advancements in technology are driving increased recovery rates, reduced greenhouse gas emissions, and improved economics as recycling processes become more efficient. Governments are supporting these advancements through research and innovation grants, facilitating the advancement of recycling technologies.
Various automotive OEMs and cell producers are prioritizing the stability of their supply chains by focusing on securing local sources of recycled raw materials at stable prices.
Automotive OEMs prioritize decarbonization and ethical supply-chain goals, favoring recycled battery materials over newly mined ones. Recycled materials exhibit approximately four times lower carbon emissions, resulting in over 25 percent lower carbon-emissions footprint per kilowatt-hour (kWh) of battery cell capacity produced.