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EV battery recycling - can it fill the gap?

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17 December 2018

EV battery recycling - can it fill the gap?

Report summary

Our latest battery raw materials analysis shows rapidly increasing deficits in the lithium, nickel and cobalt markets post 2030. We now take a look at battery recycling and how the industry needs to develop to support growing demand for the key metals. An overview of some of the major challenges and barriers highlight that while recycling will be critical for any significant EV penetration, it still may not be enough.

Table of contents

    • We're going to need more 'stuff'
    • How to secure critical metals?
    • Reducing the carbon footprint of EVs
    • 1. Battery chemistries are changing
    • 2. Cheaper batteries are less economical to recycle
    • 3. Large scale facilities might not always be the best solution
    • 4. Policy needs to catch up
  • Recycling will have an impact, but only in the long term

Tables and charts

This report includes 13 images and tables including:

  • Supply gap in 2040 - battery recycling hardly makes a dent
  • Lithium mine supply
  • Spodumene conversion capacity
  • Cobalt mine supply
  • Cobalt refining capacity (2017)
  • EV battery chemistry forecast H1 2018
  • Value of recycled metals in 30 kWh battery
  • Total recycled EV battery metals value

What's included

This report contains:

  • Document

    EV battery recycling - can it fill the gap?

    PDF 1.14 MB