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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Batteries are now employed as a backup power source. Battery-operated electric cars on the market are propelled by traction batteries. The secondary (rechargeable) battery in an electric car is one.
It does not require a combustion engine for propulsion since it employs chemical energy that is stored in rechargeable battery packs for power.
When the life of these batteries is up, a new battery is installed in its place. When these batteries approach the end of their useful lives, the valuable components may be collected and repurposed to make the most use of the earth's limited metal supplies. These batteries end-of-life metals, including aluminums, cobalt, nickel, lithium, and other metals, can be recovered.
After being disassembled and shredded, the lithium-ion batteries used in electric vehicles can have many of their important components recovered and repurposed. The materials are segregated and categorized in accordance with their size and type after being shredded.
Electric vehicle (EV) battery recycling is collecting, processing, and repurposing spent batteries in order to reduce the quantity of batteries disposed of in landfills.
It is well recognized that ecologically friendly battery materials hold the promise of a better future. Governments all across the world are mandating that EV batteries be produced and built in a way that makes them easily recyclable.
The Japan EV Battery Recycling Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The opening of Japan's first facility specialized in the reuse and recycling of lithium-ion batteries from electric vehicles coincides with a rise in demand for these vehicles.
4R Energy Corporation, a partnership between Nissan and Sumitomo Corporation, will run the new manufacturing in the eastern Japanese town of Naime.
In a similar development, a new fee-based scheme will allow Nissan LEAF owners in Japan to replace their old batteries with ones that have been refabricated.
Owners of the 100% electric Nissan LEAF will be able to recycle their old batteries starting in May in exchange for new ones, which will be provided for a charge. Nissan makes use of 4R Energy's capacity for battery refabrication. The quantity of old batteries will considerably rise as the market for electric vehicles expands.
Nissan announces its old Leaf battery exchange program me in Japan with the opening of a recycling facility to swap EV batteries with 4R. Nissan has established a new facility, claiming it to be the first recycling facility with a focus on repurposing Li-ion batteries from EVs.
They will be reconstructed to be used as energy storage as well as electric vehicles again, such as forklifts or cars. 4R Energy, a joint venture between Nissan and Sumitomo Corporation, will manage the facility in Naime, Japan. Nissanâs battery swap scheme officially kicks off with the plantâs launch.
From May, Leaf drivers in Japan will be able to exchange their old batteries for newly constructed ones through 4R. Nissan and Sumitomo founded 4R, which has now developed a specialty in discovering efficient ways to recycle electric-car batteries.
As an illustration, 4R has created a system that assesses the performance of used batteries, and it intends to deploy this technology on batteries gathered from all across Japan at the Naime factory. Possibly even at a greater distance. The manufacture and research for 4R will be centralized at the Naime factory.
The recycled batteries will be employed in large-scale storage systems and electric forklifts in addition to being prefabricated into batteries for Nissan electric automobiles.
Sumitomo Metal Mining from Japan will start recycling cobalt, lithium, and other essential components from old electric car batteries using a cost-effective, patented technology to recover high-quality metals.
Even if the amount of lithium mined declines, according to the business, their approach will still be competitive. A more consistent supply of cobalt, lithium, and copper is promised by the Sumitomo Metal technique. It is well known that electric vehicle batteries may be recycled.
The notion of recycling old electric vehicle batteries makes sense simply because using recycled materials for manufacture is far more affordable and less harmful to the environment than mining new ones.
The cathodes of lithium-ion batteries, the most prevalent form of battery used in electric vehicles, include these elements.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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