The mobility of the future will be electric – and the transition from conventional internal combustion engines (ICE) to battery-electric powertrains is progressing faster than expected. In 2020, battery-electric vehicles were forecast to account for 10% of global production volumes in 2025. Only two years later, this number has soared to 18%. Most vehicle manufacturers have once again tightened their exit strategies for the ICE. Individual OEMs are planning the complete electrification of their product portfolio as soon as 2025.
In light of increasing electrification, there remain numerous questions about the vehicle lifecycle, in particular the re-use of high-voltage batteries:
To answer these and other questions, we have developed the Berylls Re-X model (Re-cycling, Re-manufacture, Re-use), which forecasts the recycling requirements, investment requirements, and material cost development for 19 different cell chemistries globally until 2040.
In our view, battery recycling will gain enormous importance by the end of the next decade. Therefore, successful bottleneck management of material supply, building regional capacities, and the introduction of technical standards are the key factors, as our key findings show:
Copyright Berylls by AlixPartners
