That percentage will decline as battery manufacturing technology improves, leaving less scrap available for recycling. Mercedes reveals battery recycling plans for the US & China, image courtesy of MercedesĬurrently, defective batteries that go directly from manufacturing to the scrap heap account for about three-quarters of batteries recycled in US and global battery plants, CES says. The company has two glaring typos in its business description, and yet it claims to know more about this topic than Straubel or the companies that have chosen Redwood Materials to be their battery recycling partner, companies like Ford, Rivian, Volkswagen, and Volvo. We collect and analyze data on volumes, prices, technolgy and players in the rapidly growing global reuse and recycling industry.” It turns out the Washington Post story is based on information supplied by Circular Energy Storage, a UK consulting group that says on its home page it is “the leading source of independent information about the lithium-on battery end-of-life market. Has DOE been hoodwinked? Did they not do their due diligence? How could they not know what the Washington Post and Bloomberg know? Battery Recycling By The Numbers The US Department of Energy just approved a $2 billion dollar loan for Redwood Materials, the battery recycling company founded by former Tesla CTO JB Straubel.
Those few that succeed will do so only by diversifying away from recycling, at least temporarily.” The Post summarizes its report with this pithy statement: “Many of these investments are destined to fail. Meanwhile, the US already has more battery recycling capacity than it has batteries available to recycle, with more public and private battery recycling facilities planned or under construction. There aren’t enough used electric vehicle batteries to meet even 10% of the raw material demand for electric vehicles made in the US, the Washington Post says. There is a report out this morning from the Washington Post with this scary title - “ EV Battery Recycling Has Boomed Too Soon.” Bloomberg is also carrying a version of this story.
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