Batteries
"Turning risk into reward with a circular economy for EV batteries and critical minerals (pdf) identifies five areas for immediate action to build a circular economy for EV batteries:
- Design batteries for circularity, not disposal so they last and can be reused in different applications across multiple lives;
- Rethink battery service within optimised energy-mobility systems so value isn’t about bigger batteries but the right performance for the right use;
- Scale circular business models to treat batteries as long-term assets managed over multiple lives that reward durability: The ability of a product, component or material to remain functional and relevant when used as intended, performance, recovery, and second-life use;
- Build and co-invest in regional circular infrastructure that enables materials to circulate efficiently, resiliently, and transparently;
- Make the circular operating system work by increasing data transfer and transparency across the value chain, and developing policy frameworks to practically enable product and material circulation.
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Empathy recommended