{"id":19987,"date":"2021-02-15T09:34:08","date_gmt":"2021-02-15T00:34:08","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=19987"},"modified":"2023-02-16T17:36:02","modified_gmt":"2023-02-16T08:36:02","slug":"driving-evs-new-heights-part-2-sustainability-recycling","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2021-02-driving-evs-new-heights-part-2-sustainability-recycling\/","title":{"rendered":"Driving EVs to new heights part 2: Sustainability through recycling"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19987\" class=\"elementor elementor-19987\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3330394b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3330394b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9b1868\" data-id=\"9b1868\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ca9913 elementor-widget elementor-widget-image\" data-id=\"1ca9913\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-at-a-glance-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzM4MjUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjFcLzAyXC9ldi1iYXR0ZXJ5LWVwMi1hdC1hLWdsYW5jZS0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"141\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-at-a-glance-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33825\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-at-a-glance-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-at-a-glance-1-300x55.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9de6b2b elementor-widget elementor-widget-text-editor\" data-id=\"9de6b2b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Amid the rise of the electric vehicle (EV) industry, we recently looked at the growth of the markets for\u00a0<a href=\"https:\/\/news.samsungcnt.com\/en\/driving-evs-new-heights-part-1-materials-make-batteries\/\">materials needed to produce EV batteries<\/a>. This second article of a two-part series will focus on another important part of the EV battery supply chain \u2013 recycling.<\/p><p>Recycling EV batteries plays an important role in reducing the waste of vital resources, while offering greater sustainability to the EV industry. That said, it is not a simple process and there are a number of participants involved in the various recycling steps.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33df949 elementor-widget elementor-widget-image\" data-id=\"33df949\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-photo-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzM4MjYsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjFcLzAyXC9ldi1iYXR0ZXJ5LWVwMi1waG90by0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"255\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-photo-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33826\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-photo-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-photo-1-300x100.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-250c3a1 elementor-widget elementor-widget-heading\" data-id=\"250c3a1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Recharging the market through recycling<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35d4221 elementor-widget elementor-widget-text-editor\" data-id=\"35d4221\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The EV battery recycling business begins with collecting used rechargeable batteries and extracting their recyclable materials. This is important because there are only limited reserves of the main materials that make up EV batteries, like cobalt and nickel. Recycling them can help sustain the industry and keep up with increasing demand.<\/p><p>Rechargeable batteries must also be handled with care. They can catch fire or explode due to factors such as mechanical damage or overcharging, and this can release hazardous substances. They are prepared for recycling through disassembly via physical and chemical processes. Retrieved materials or components can then be used for new battery production or other purposes as needed.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d68be8 elementor-widget elementor-widget-image\" data-id=\"5d68be8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-infographic-1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"How are batteries recycled?\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzM4MjcsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjFcLzAyXC9ldi1iYXR0ZXJ5LWVwMi1pbmZvZ3JhcGhpYy0xLmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"809\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-infographic-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-33827\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-infographic-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2021\/02\/ev-battery-ep2-infographic-1-285x300.jpg 285w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d1499 elementor-widget elementor-widget-text-editor\" data-id=\"b9d1499\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The size of the\u00a0<a href=\"https:\/\/www.statista.com\/statistics\/1103263\/li-ion-battery-recycling-market-size\/\" target=\"_blank\" rel=\"noopener noreferrer\">global lithium-ion battery recycling market<\/a>\u00a0was about USD 1.5 billion in 2019 and this is expected to exceed USD 12 billion by 2025. The U.S., China, and Germany are among the nations leading the market. Today, a lot of businesses are involved in battery recycling across various stages, such as automotive OEMs, lithium-ion cell manufacturers, cell component manufacturers, and independent recyclers. China is currently the<a href=\"https:\/\/www.bcg.com\/en-kr\/publications\/2020\/case-for-circular-economy-in-electric-vehicle-batteries\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0only part of the world<\/a>\u00a0equipped with the scale to fully influence the market, having various types of battery recyclers.<\/p><p>As the diversity and scale of this industry continues to grow, market tracking consultancy\u00a0<a href=\"https:\/\/spectrum.ieee.org\/energy\/batteries-storage\/lithiumion-battery-recycling-finally-takes-off-in-north-america-and-europe\" target=\"_blank\" rel=\"noopener noreferrer\">Circular Energy Storage<\/a>\u00a0estimates that Europe will have 132 metric kilotons of lithium-ion batteries to recycle by 2030 and the U.S. will have around 80 metric kilotons.<\/p><p>If managed effectively, the\u00a0<a href=\"https:\/\/www.nature.com\/articles\/s41586-019-1682-5?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmf\" target=\"_blank\" rel=\"noopener noreferrer\">economic benefits<\/a>\u00a0of recycling lithium-ion batteries are clear to see. Not only can it reduce the need to keep mining limited minerals, but it allows the whole EV industry to be more resilient against the risks in the supply and distribution chain.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eca4162 elementor-widget elementor-widget-heading\" data-id=\"eca4162\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Samsung C&T\u2019s place in the EV battery recycling chain<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1906263 elementor-widget elementor-widget-text-editor\" data-id=\"1906263\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Samsung C&amp;T Trading &amp; Investment Group is also one of the companies taking part in battery recycling. It is joined by investors in collecting nickel and cobalt via the rechargeable battery recycling business, and then supplying these materials to manufacturers of rechargeable batteries.<\/p><p>So, while you might not notice it when they quietly drive by, behind every EV is a long chain of suppliers, traders, and technological development. And all indications suggest that the chain is getting stronger.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Amid the rise of the electric vehicle (EV) industry, we recently looked at the growth of the markets for materials needed to produce EV batteries. This second article of a two-part series will focus on another important part of the EV battery supply chain \u2013 recycling. Recycling EV batteries plays an important role in reducing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-19987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Driving EVs to new heights part 2: Sustainability through recycling - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2021-02-driving-evs-new-heights-part-2-sustainability-recycling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Driving EVs to new heights part 2: Sustainability through recycling - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"Amid the rise of the electric vehicle (EV) industry, we recently looked at the growth of the markets for materials needed to produce EV batteries. This second article of a two-part series will focus on another important part of the EV battery supply chain \u2013 recycling. 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