WHITEPAPER

By 2035, millions of electric vehicles will reach their end of life, creating a massive wave of batteries that need to be responsibly managed. Studies estimate that that over 7.5 million EV batteries containing 2.3 million tons of high value material will need to be recycled in Europe alone with an expected tenfold increase of recyclable material between 2030 and 2040. The lack of efficient recycling processes for EV batteries poses a significant challenge to the sustainability of the electric vehicle industry.