The EV Battery Value Network to Green the Last Mile
Have you ever thought about what happens to the hundreds of millions of electric vehicles battery packs that have been discarded?
We're making sure batteries are coming back!
Unsustainable by Design
Battery production is progressively scaled up to satisfy exponential market growth by at the same time being forced to fulfill governmental regulations to reach the CO2-emission reduction goals, hence focusing their investment on R&D.
Cobalt is largely a by-product of copper and nickel mining. Cobalt reserves are depleted by about 60% by 2019. 60% of the cobalt deposits are in Congo.
Mining is characterised by massive child labour. Environmental pollution leads to growth disturbances and high child mortality.
Governments around the world continue to push for the reduction of CO2 emissions through the imposition of targets and penalties. Further regulations on the production and recycling of batteries are currently being worked on or are already being tested, whereas recycling of Li-ion batteries is a major challenge.
The most important automobile manufacturers give a "lifelong" guarantee on the battery packs installed. However, these are replaced either after 8 years at the latest or after a remaining charging capacity of 70%-80%.
Between 2018 and 2030, approx. 11 million tons of "discarded" Li-io batteries will be accumulated.