Global electric vehicle battery reuse and recycling market

Report Scope: This report will cover all the commercially available methods for reuse and recycling of Electric Vehicle Batteries that are actively used and consumed by major end-user industries in the Vehicle Battery Reuse and Recycling market electrical.

New York, Jan. 17, 2022 (GLOBE NEWSWIRE) — announces the publication of the report “Global Electric Vehicle Battery Reuse and Recycling Market” –
Its scope will also include all applications in which the reuse and recycling of electric vehicle batteries are used.

In addition, the Electric Vehicle Battery Reuse and Recycling industry will also be thoroughly analyzed at regional and country level.

The regional and country markets will be segmented and analyzed by battery type, electric vehicle type and end use. The impact of the COVID-19 pandemic is also covered.

Market size and estimates are provided in terms of revenue, with 2020 serving as the base year; and market forecasts will be given for the period from 2021 to 2026.

In terms of battery type, the electric vehicle battery reuse and recycling market is segmented into lithium-ion batteries, nickel-metal hydride batteries, and lead-acid batteries.

In terms of electric vehicle type, the electric vehicle battery reuse and recycling market is segmented into battery electric vehicle (BEV), hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV) and battery electric vehicle. fuel cell (FCEV).

In terms of end use, the electric vehicle battery reuse and recycling market is segmented into passenger cars, commercial vehicles, energy storage and consumer electronics.

The report includes:
– 79 data tables
– Detailed overview of global electric vehicle battery reuse and recycling technology markets
– Global market trend analyses, with historic data from 2019-2020, estimates to 2021, and compound annual growth rate (CAGR) projections to 2026
– Assess and forecast the overall market size in terms of dollar value, and analyze the corresponding market share by battery type, electric vehicle type, end use and geographical region
– Discussion of the industry value chain/supply chain analysis of the global Electric Vehicle Battery Reuse and Recycling Market and assessment of the current competitive scenario
– Country specific data and market value analysis for USA, Canada, Mexico, Germany, UK, France, Netherlands, Norway, Japan, China and india
– Highlights of recent advances in the EV Battery Reuse and Recycling Manufacturing market, their business applications, opportunities and gaps by estimating current and future demand; and impact of COVID-19 on the progress of this market
– Identification of the companies best positioned to meet this demand due to their proprietary technologies, strategic alliances or other advantages
– Overview of recent industry strategies such as M&A deals, joint ventures, collaborations and licensing agreements currently focused on EV battery reuse and recycling technology
– Company profiles of major industry players including Accurec-Recycling GmbH, BMW Group, China Lithium Battery Technology Co., Ltd. (CALB), Nissan Motor, Tesla and Toshiba Corp.

An electric vehicle battery is used to control the electric motors of a battery electric vehicle (BEV) or a hybrid electric vehicle (HEV). These are often rechargeable (secondary) lithium-ion batteries.

These batteries were developed with high ampere-hour (or kilowatt-hour) capacity in mind.

Electric vehicle batteries are defined by their high power-to-weight ratio, specific energy and energy density. Smaller and lighter batteries are desirable because they reduce the weight of the electric vehicle and thus improve its performance.

Unlike liquid fuels, extremely active battery technologies have a significantly lower specific energy, which often impacts the vehicle’s maximum all-electric range.

Due to their high energy density relative to their weight, lithium-ion and lithium-polymer batteries are the most common battery types in modern electric vehicles. Nickel-cadmium, nickel-metal hydride, lead-acid (and, less commonly, zinc-air batteries and sodium chloride-nickel) are used in electric vehicles.

The amount of energy stored in batteries is expressed in ampere-hours or coulombs, with the overall amount of energy often expressed in kilowatt-hours.

Innovations in lithium-ion battery equipment have been driven by consumer electronics, laptop computers, cell phones and power tools. The BEV and HEV markets have benefited from these advances in performance and energy density.

Unlike previous battery chemistries, especially nickel-cadmium, the chemistry of lithium-ion batteries allows them to be discharged and recharged regularly and at any charge level.

The battery is a significant part of the cost of a BEV or HEV. As of December 2019, the cost of electric car batteries had decreased by REMOVED per kilowatt hour since 2010.

Since 2018, vehicles with an all-electric range of over 250 miles (400 kilometers), such as the Tesla Model S, have been released and are now available in a variety of vehicle sectors.

The summary table and figure below present estimates and forecasts of the market size for global reuse and recycling of electric vehicle batteries from 2019 to 2026. An average compound annual growth rate (CAGR) of REMOVED is planned for the reuse and recycling of electric vehicle batteries over the next five years. , resulting in a market of REDACTED by 2026.
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