A World of Worn Out EV Batteries
Discarded batteries will create challenges for regulators, manufacturers and recyclers
As the first generation of electric vehicles and stationary storage begins to phase out next decade, millions of lithium-ion battery packs will go out of service. BloombergNEF estimates the total will reach 1 million metric tons in 2027 and keep growing, creating challenges and opportunities for regulators, manufacturers and recyclers. Large-format batteries like those in EVs and home systems are expected to account for 90 percent of the market by 2030.