Press release
Electric Vehicle Battery Recycling Market Surges as Global Demand for Sustainable Energy Solutions Accelerates 2025 | Top key players - GEM Co., Ltd., Eramet, Li-Cycle Corp, Fortum.
Electric Vehicles Battery Recycling Market
The Electric Vehicles Battery Recycling Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Electric Vehicles (EV) Battery Recycling Market involves the collection, dismantling, and processing of used EV batteries to recover valuable materials like lithium, cobalt, and nickel. This market supports sustainable resource management, reduces environmental impact, and addresses raw material shortages by promoting a circular economy. It plays a crucial role in the global transition toward clean energy and e-mobility.
Prominent Industry players in the Electric Vehicles Battery Recycling Market
The prominent players in Electric Vehicles Battery Recycling market research report are: GEM Co., Ltd., Eramet, Li-Cycle Corp, Fortum, Umicore, Redwood Materials Inc., Shenzhen Highpower Technology Co., Ltd., ACE Green Recycling, Inc., Stena Metall AB, ACCUREC-Recycling GmbH.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
In December 2024, Glencore partnered with Li-Cycle Holdings Corp, a global leader in lithium-ion battery resource recovery, to explore the development of a new Hub facility in Portovesme, Italy. The collaboration focuses on conducting a concept and pre-feasibility study to assess the technical and economic viability of the project, which aims to strengthen the circular economy for battery materials in Europe.
In September 2024, SK Tes launched a new lithium-ion and EV battery recycling facility in the Netherlands. Designed with advanced recycling capabilities, the plant can process up to 10,000 metric tons of battery materials annually, supporting Europe's growing need for sustainable battery waste management and raw material recovery.
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Market Segments
By Battery Type: Lithium Nickel Manganese Cobalt, Lithium Iron Phosphate, Lithium Titanate Oxide, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide.
By Vehicle Type: Passenger Cars, Commercial Vehicles, Two-Wheelers, Others.
By Process: Hydrometallurgical, Pyrometallurgical, Mechanical, Others.
By Application: Electric Vehicles, Energy Storage Systems, Consumer Electronics, Others.
The Electric Vehicles Battery Recycling industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Electric Vehicles Battery Recycling Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Electric Vehicles Battery Recycling Market?
✒ Who are the prominent players in the Electric Vehicles Battery Recycling Market?
✒ How is the regulatory landscape affecting the Electric Vehicles Battery Recycling Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Electric Vehicles Battery Recycling Market?
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