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Monday, March 20, 2023

EV battery recycling innovations can rev up market

The burgeoning electric-vehicle market has done well enough that more than 100 million batteries will reach the end of their life in the next 10 years, putting battery recycling opportunities at the forefront of the desire to scale, say McKinsey analysts. The analysts have conducted an examinations into the effect of regulations, technology and other factors behind battery recycling, as well as what innovation and profitability to expect.