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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
The batteries in an electric automobile act as a reserve power supply. The batteries in electric vehicles supply the required power for vehicle propulsion. Chemical energy that is stored in rechargeable battery packs is used in this.
These batteries have an end of life after a certain length of time, at which point new batteries are used in their place. By recycling the necessary and recyclable materials contained in batteries, the utilisation of finite metal elements like cobalt, aluminium, and nickel is reduced.
The market is expected to grow as a consequence of elements such as the growing demand for zero-emission vehicles, the decreasing availability of particular battery pack components, and the increased usage of recycled materials.
The Spain 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.
In Cubillos del Sil (León), Endesa and Urbaser are establishing a plant that will be able to process 8,000 tonnes of waste annually.
The new recycling facility, according to the electrical provider, is a part of its Future Plan, which was recently authorised by the Castile-León regional government and the Ministry of Ecological Transition.
The regional government of Castile-León, the local councils of Ponferrada and Cubillos del Sil, the University of León, and Endesa recently authorised seven projects, including the new battery recycling facility.
It represents a dedication to circular economy-based sustainable development and environmental conservation. the gathering of electric batteries in Spain and Portugal, their secure interim storage, and their transportation to Cubillos del Sil for further treatment.
Using recycled batteries from Nissan automobiles, the Spanish renewable energy firm Acciona successfully linked Spain's first renewable battery storage facility to the grid at its test solar PV project in the north of the nation.
For the 130kWh battery project, which is co-located with Acciona's 1.2 MW solar PV park in Tudela, Spain's Navarra area, a set of four second-life 32kW/32kWh batteries that were originally used in Nissan automobiles were utilised.
Under the direction of Acciona's own innovation initiative, Innovation, the storage facility is the end product of a collaborative effort with Spanish battery start-up BeePlanet.
BeePlanet and ACCIONA specialise in energy storage systems that use used lithium-ion batteries from electric vehicles as part of the GERA project, which is supported by the government of Navarre.
| 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, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 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, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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