Scientists investigating the aging mechanisms affecting today’s lithium-ion batteries observed that the loss of lithium over time is one of the main causes of performance loss. With this in mind, they developed and tested a “relithiation” process that promises to eliminate much of the cost and complexity from recycling battery components and materials.
A new report says that the nation would require an estimated annual battery capacity of 158 GWh to realize its 2030 electric vehicle (EV) adoption target. Meeting this potential demand would require investments exceeding INR 85,900 crore (US$ 12.3 billion) in case battery manufacturing is 100% indigenized.
We increasingly need safe, affordable, and powerful batteries as we move to greener technologies. Battery-powered electric cars, for example, have much higher safety standards than our phones, and for such vehicles to travel long distances, lighter batteries with higher energy density and rapid-charging capabilities would make a world of difference. Majid Rasool, a postdoctoral fellow at McGill University, discusses a potential solution.
The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.
By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.
The global installed capacity will grow from a modest 9 GW/17 GWh as of 2018 to 1,095 GW/2,850 GWh in the next two decades. Just 10 countries will account for almost 75% of the overall gigawatt market, with China, USA, India and Germany leading the pack.
A gloomy atmosphere currently hangs over the lithium-ion supply chain. Stationary battery storage equipment and electromobility offer tremendous opportunities. Yet many experts have concerns about the raw material supply and recycling situation. Christian Hagelüken, the Director of EU government affairs at Umicore, a major recycler and supplier of cobalt, explains his view of the situation.
The acquisition would be made through Khanij Bidesh India Ltd (KABIL)—a joint venture of three public-sector mining units—which recently visited the Lithium Triangle countries in South America (Chile, Argentina and Bolivia) to explore the possibility of lithium acquisition.
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