Electronics

As the world accelerates towards a sustainable future, the electric vehicle (EV) industry has witnessed a significant boom in recent years. However, with the growing adoption of electric vehicles comes the challenge of managing their end-of-life batteries responsibly. This is where the electric vehicle battery recycling market steps in, offering a sustainable solution to address the environmental impact of EV battery disposal. With the potential to revolutionize the battery industry and reduce dependence on raw materials, the EV battery recycling market is poised to play a crucial role in the transition to a greener and cleaner transportation sector. Electric Vehicle Battery Recycling Market  accounted for US$ 1.93 billion in 2022 and is estimated to be US$ 30.5 billion by 2032 and is anticipated to register a CAGR of 31.8%. Advancement in recycling of EV (electric vehicle) batteries helps in improving metallurgical process by increasing extraction and efficiency of copper, nickel an