According to a recently released report from IDTechEx, the amount of EV batteries (or powertrain batteries) that reach the end-of-life stage in 2020 is estimated to total around 100,000 metric tons or 14 gigawatt-hours. By 2040, the annual total of retired EV batteries is forecasted to hit 7.8 million metric tons. Currently, there are two main approaches to dealing with the massive and growing stock of used EV batteries: recycling or finding a second life. The adoption of either approach depends on individual carmakers. ... more
