I'd been wondering what the plan was for dealing with EV batteries and here are 2 businesses who have come together with a solution.
Solvay and Veolia have announced their partnership on a circular economy consortium to offer new solutions that promise better resource efficiency for critical metals used in lithium ion electric vehicle (EV) batteries. With the number of electric vehicles on the road expected to grow from 8 million in 2020 to 116 million by 2030, ensuring stable access to raw materials is a strategic challenge. Furthermore, materials used today in EV batteries are not always recovered at their maximum value. Solvay and Veolia, through its subsidiary SARP Industries, are already actively engaged in discussions with a car manufacturer and battery cell producers, to coordinate, collaborate and leverage on respective technologies and core competences at each step of the value chain – from access and spent battery feedstock to dismantling, metal extraction and purification.
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