Part 8/9:
The lithium-ion battery recycling market is projected to grow significantly, from $1.5 billion in 2023 to $18.1 billion by 2030. As production and sales of electric vehicles increase, optimizing recycling processes will become imperative to keep pace with the burgeoning demand. In the next five to seven years, it is anticipated that the capacity for recycling end-of-life electric vehicles will match production rates, fostering a new era of sustainability within the automotive sector.