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Saturday, 02/04/2023 8:38:09 PM

Saturday, February 04, 2023 8:38:09 PM

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The goal is to create a regional ecosystem where the entire value chain — renewable-energy supply, raw material, battery manufacturing, recycling — comes together. That’s what people mean when they refer to developing a “circular economy” around electric vehicles. It promises to lower greenhouse gas emissions and the costs of the battery, something experts agree needs to happen to make EVs cheaper and accelerate adoption.

That circular dream has not yet materialized, but it has a lot of hype and money backing it. Both the U.S. and Canadian governments have made multi-billion-dollar investments in establishing this new auto sector in North America. Recycling is just one part of that vision, albeit an important one.

“There’s so much unknown that’s left to be decided,” Pivnick says. Even still, he’s optimistic. Last year, Canada came in second in a global EV battery supply chain ranking, surpassing the U.S. and behind only China..

.. It’s a race to see whose technological prowess and business model will win out as supply chains solidify and the EV battery tsunami makes landfall.
https://globalnews.ca/news/9405696/electric-vehicle-battery-recycling/