October 28, 2021

Wave of investment just the beginning for EV battery recycling

Jacob Wallace | Utility Dive

Within the last month, four lithium-ion battery recyclers saw a collective $255 million worth of investment and anotherĀ one completed a merger.

The lithium-ion battery industry is staring down a huge increase in demand, spurred by explosive growth in electric vehicle manufacturing. In the United States, where just 1% of the raw and component materials for EV batteries are currently produced, recyclers believe they can meet the moment.

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