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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Large batteries are being produced more greatly to power EVs. Battery recycling firms are well-funded, but it's also important to think about where these companies get the batteries they'll be recycling.
Since EV batteries have a lifespan of 10 to 13 years, bulk recycling of them may not be feasible just yet, but it will happen eventually. Businesses everywhere are already investing in recycling facilities to meet this demand.
The Thailand 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.
Energy Absolute (EA), a company created by Thai energy tycoon Somphote Ahunai, has begun researching the recycling of lithium-ion batteries used in electric vehicles.
Engineers from Chulalongkorn University will collaborate on the three-year project, which is intended to give EA in-depth battery recycling technology before the business moves on with the next stage of its EV battery manufacturing development.
One gigawatt-hour of lithium-ion battery manufacture will be able to be done annually at the plant in Chachoengsao owned by EA's local subsidiary Amita Technology Thailand. EA intends to greatly increase local production capacity in order to significantly lower the price of electric vehicles in the nation. The business has also made investments in Thailand's extensive network of charging stations.
Construction and operation of four additional lithium-ion battery recycling plants with a combined annual capacity of more than 30,000 tons are planned by recycling technology business ACE Green Recycling (ACE).
The four locations will target underdeveloped recycling markets and provide local markets with a carbon-neutral, emissions-free recycling solution to aid in the widespread use of lithium-ion batteries.
Most portable electronic gadgets and electric vehicles (EVs) in use today use lithium-ion batteries, which may also be used as grid energy storage options. ACE is actively developing facilities in the USA, Thailand, and India.
| 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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