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The Lithium-Ion Battery (Market) Is Heating Up: Are We Ready?
Lithium-ion batteries have emerged as the primary choice for electric vehicles beyond the diverse applications in medical devices, smart watches, drones, satellites, and utility-scale storage. However, they are experiencing Environmental Supply Chain and Governance (ESG) issues due to their high cost and low availability and concerns about their ability to be recycled. This whitepaper addresses the technology required to address ESG concerns and to ensure we are prepared for the changes that will be brought about by lithium-ion battery growth resulting from the proliferation of Electric Vehicles (EVs).
This paper also provides an overview of the current state-of-the-art solutions for the recycling of Li-Ion batteries and introduces the Axia Institute’s proposed solution for Lithium-ion car batteries and landfill waste reduction.