Electric-Vehicle Revolution Part IV
Lithium-ion Batteries, Recycling for Demand
Posted on 16th November 2022 | By Elric Langton
Lithium-ion Batteries, Recycling for Demand
Between our obsession with mobile electronics and the growing popularity of electric vehicles, lithium-ion battery demand is growing at an astonishing rate. You may have noticed I have featured several articles these past months, specifically on the evolution, of the ongoing transition from ICE vehicles to electric vehicles (EVs). Most of the world’s electric devices contain 60% of lithium-ion batteries even though they only account for about 1% of automotive sales, but this latter figure is increasing at pace. Therefore, it’s not hard to imagine how far that will go in time, which raises the big question what happens to all those batteries when they die? This will be our focus for the purposes of this article, as will some of the Companies I view as likely investment potential.