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Batteries are utilised in automobiles as a backup power source. Batteries used to power a battery electric vehicle’s propulsion system is known as electric vehicle batteries (EVBs).
Typically rechargeable batteries with a large ampere-hour capacity are used in electric car batteries. These batteries are compact and lightweight, which also aids in reducing the car’s weight and improving the performance of the vehicle.
A considerable demand for electric cars has been generated, which drives up the demand for batteries. This is due to growing worries about the adverse effects of climate change and global warming as well as worrisome pollution levels observed in important Asian Pacific nations like India.
The India EV Battery Recycling Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
MG Motor, a car manufacturer, has declared its intention to enter the battery recycling market. In order to reuse and recycle the Li-ion batteries of India’s first pure electric SUV, the ZS EV, MG Motor India has partnered with Attero Recycling.
They were able to effectively recycle the first electric vehicle (EV) battery made by MG, and the metal extracts and other products from the recycling process may be utilised to create new batteries.
As EV players gain momentum, India’s ability to manage E-waste sustainably is becoming increasingly important. It also holds the key to assisting the shift from a linear to a circular economy in our nation. Since we have the technology, we can remove practically all of the metals from a lithium-ion battery.
The recycling of the lithium batteries used in eBikeGo’s electric cars has begun. These used batteries are either at the start of or in the midst of their lives.
When an EV battery’s capacity drops by around 25%, it is removed from the car. As a result, a 1000 Wh battery would be removed from an EV if it began to store just 750 Wh. At that time, it may be utilised for solar power plants and other projects.
Every battery type, including lead-acid and all Li-ion varieties, is eligible for recycling under this programme. eBikeGo also said that infrastructure was being built to recycle these batteries.
Lithium may be extracted from used batteries using the standard recycling procedure for Li-ion batteries. It can remove more than 99 percent of the spent lithium. Then it will need to be used to create a new battery. To give its batteries a second life, eBikeGo intends to partner with producers of solar panels.
