EV Battery Recycling Will Be Critical
EV batteries today are made of materials from an international network of mining projects, processed along a lengthy supply chain anchored in China, Japan and South Korea. For an EV to offset the carbon emitted in mining and manufacturing its battery, it must see tens of thousands of miles of driving, according to analysis by researcher BloombergNEF.
A steep ramp-up in mining over the next decade will be critical to getting enough battery materials into circulation. But once that happens, the industry must turn to recycling to operate sustainably. Recycling the battery will help improve the overall carbon-reduction value of EVs.