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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The market for recycling electric vehicle batteries is anticipated to be dominated by Latin America. due to the region's increased acceptance of solutions and investment in the research and development process.
Market growth is anticipated to be further fueled by the expanding number of competitors in the global electric vehicle battery recycling market. Additionally, it is anticipated that significant vendors would increase their spending in product capabilities and commercial expansion.
The Latin America EV Battery Recycling Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Ganfeng Lithium, one of the leading producers and a supplier to Tesla, has announced that they will build a lithium-ion battery recycling factory in Mexico, giving the nation another footing in the China-dominated global lithium trade.
The facility will feed the expanding electronic vehicle (EV) industry in the US and recycle the batteries from Chinese-made electric buses used in Latin America as well as Tesla automobiles.
In the northern state of Sonora, which has one of the greatest reserves in the world, Ganfeng is a partner in Mexico's first lithium mine alongside British mining business Bacanora.
Together, the Sonora mine and battery recycling facility will grow into a significant hub in the local supply of lithium and other precious metals, bringing the production process closer to the ideal of "closed cycles," in which energy used in manufacturing is returned to the production process through recycling, lowering emissions overall.
| 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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