PLEASE NOTE: ESA is now part of the American Clean Power Association (ACP). This website material is not regularly updated and is for archival and reference purposes only. Please visit cleanpower.org for more information.

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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