Sustainable battery recycling: Market potential in Europe

Sustainable battery recycling: Market potential in Europe

27.01.2022: What prospects does the topic of battery recycling offer for mechanical and plant engineering? A study by Fraunhofer ISI, commissioned by the IMPULS Foundation of the VDMA, sees good market potential for Europe.


What prospects does the topic of battery recycling offer for mechanical and plant engineering? A study by Fraunhofer ISI, commissioned by the IMPULS Foundation of the VDMA, sees good market potential for Europe.

 

Due to the increasing spread of battery electric vehicles, an enormous market for battery cells is developing in Europe, with around 2.5 megatonnes of new batteries expected to be produced in the EU by 2030. This leads to questions about the environmental footprint of vehicle batteries, but also about raw material security and availability, and thus the competitiveness of German and European industries.



In this context, local battery recycling and the return of raw materials is an important building block for a European circular economy. For Germany in particular, as a traditional mechanical engineering location, it is not only the development along the direct battery value chain that is of great importance.





Great potential for market and employment growth




"There is great potential for market and employment growth in the upstream stages of the value chain, especially for mechanical and plant engineering," says Henrik Schunk, Vice President of the VDMA and Chairman of the Board of Trustees of the IMPULS Foundation, which commissioned Fraunhofer ISI with the study ‚Recycling of Lithium-Ion Batteries: Opportunities and Challenges for Mechanical and Plant Engineering.


"German and European mechanical and plant engineering companies are already active today as development partners and suppliers for the growing recycling industry. Especially with the pilot plants now being built in Europe, there are great opportunities to position themselves permanently. Here, cooperation with local plant suppliers is crucial," emphasizes Schunk.


The study now published forecasts the growth of a future European battery recycling market and quantifies the effects for mechanical and plant engineering. The forecasts are based on battery market models developed by Fraunhofer ISI and interviews with experts from the mechanical and plant engineering sector, the recycling industry, vehicle manufacturing, and research and development.



Recycling capacities must be significantly expanded



The study results show: In Europe, the volume of end-of-life lithium-ion batteries and battery components to be recycled could amount to around 230 kilotons per year from 2030 and around 1,500 kilotons per year from 2040. These figures, already adjusted for potential vehicle and battery exports, imply annual growth in the recycling industry of over 30 percent over the next few years. The return of traction batteries from electric vehicles will play the main role in the medium term.



"In order to be able to handle such recycling volumes, recycling capacities, which are currently still in the low double-digit kiloton range per year in Europe, must be significantly expanded. This will require plant technology in Europe that, depending on the speed of market growth and the global share of European recycling capacities, will require investments of around 6.6 billion euros by 2040," explains Dr. Christoph Neef, who researches the battery issue at Fraunhofer ISI and coordinated the study. For the year 2040, this corresponds to a European market size of about 810 million euros for new system technology.



The good prerequisites of German and European mechanical and plant engineering could help to bring new and efficient processes to the market. These are needed not least in view of the EU Commission's latest regulatory proposals: future recycling processes and plants should not only guarantee proper recycling of battery components, but also high recovery rates of important battery raw materials.


For lithium in particular, this still represents a challenge today. According to the study, if a European recycling industry with highly efficient process and plant technology is successfully established, recyclates could cover more than 40 percent of the cobalt and over 15 percent of the lithium, nickel and copper requirements of battery production in Europe by 2040.




"Efficient battery recycling could make a decisive contribution to reducing the overall CO2 footprint of batteries and reducing dependence on raw material imports in the long term," stresses Hartmut Rauen, Deputy Managing Director of the VDMA.





Employment potential of a growing battery recycling market



Christoph Neef of Fraunhofer ISI also emphasizes the employment potential of the growing battery recycling market, especially in the supplier industry of mechanical and plant engineering: "For the supply of the European recycling industry, we see a global potential of approx.


570 jobs by 2030, and by 2040 even around 3,800 jobs could be created." According to Neef, it could therefore be worthwhile for the European mechanical and plant engineering industry to expand its existing competitive position in order to benefit from the employment potential of this growing market.



Since there is already a large battery recycling industry in Asia and especially in China, there is no time to lose in Germany and Europe: On the one hand, there should be clarity quickly regarding the planned battery regulation. On the other hand, appropriate plants must be built and investments made in recycling technologies.



The European regulatory framework in particular would offer an important opportunity because it takes into account the ecological footprint of batteries, regional conditions such as energy sources and energy mix, and logistics costs. This could help Europe to become a lead market for green and highly efficient battery recycling and related technologies.





VDMA also photo

Permanent-URL: http://www.automobilsport.com/sustainable-battery-recycling-market-potential-europe---233524.html

27.01.2022 / MaP

More News

Aiways highlights the multiple benefits of ecomobility
19.01.2022
 •    EV purchase grants and tax incentives available in 26 EU countries•    Governments offering grants for EV charge points; encouraging use of ‘green’ energy •    EV owners also benefit from free and reserved parking, the use of bus and taxi lanes, toll reductions, a more >>
Renault reveals more of its new SUV, Austral
05.01.2022
For the final stage of development,Renault has kitted out its new SUV, AUSTRAL, with all the gear to take on Europe's roads. The aim of this stage is to ensure the model's reliability and finish fine-tuning its engine optionsThe New Renau more >>
BMW Interview “Making charging even easier and more convenient”
27.12.2021
Interview with the Members of the Board of Management of BMW AG Ilka Horstmeier, Human Resources, Labour Relations Director, Pieter Nota, Customer, Brands, Sales, and Dr Nicolas Peter, FinanceAs an e-mobility pioneer, the BMW Group has been more >>
Goodyear introduces its first electric vehicle replacement tire - the ElectricDrive GT
17.12.2021
The Goodyear Tire & Rubber Company announced the launch of the new ElectricDrive GT. Marking Goodyear’s first replacement tire in North America tuned for electric vehicles (EVs), the Goodyear ElectricDrive GT more >>
Vattenfall InCharge expands public charging business in Germany
17.12.2021
Vattenfall InCharge and DAS FUTTERHAUS have agreed on a cooperation to set up 170 high-power charging points at almost 70 locations all over Germany. This is an important step towards enabling easier public charging, as interest in electrical vehicles increases. more >>
The mining industry enters its most important decade
17.12.2021
Critical minerals are crucial inputs for the circular carbon economy of the futureThe international mining industry is facing arguably "its most important decade" as the world starts the transition more >>
SEAT 2021: the year of the electric impulse
16.12.2021
    The transformation towards sustainable mobility is the automotive industry’s great challenge in the fight against climate change    The SEAT S.A. team, made up of more than 15,000 employees, has been driven by this boost in a decisive year    The CUPRA Born, the Test Center Energy and the Fu more >>
Ford Pro Charging Launches to Help Businesses of All Sizes Overcome the Hurdle to Seamless Electrification
16.12.2021
    Ford Pro Charging offers enterprise-grade charge management software, hardware and services to support commercial customers running a fleet of electric vehicles    A simple management solution for electrified fleets of all makes and sizes, Ford Pro Charging lets customers switch between charging at depots, employee homes, and pub more >>
Marc ter Stegen discovers the CUPRA Born, his first fully electric car
14.12.2021
    Marc ter Stegen receives the keys to his CUPRA Born from CUPRA CEO Wayne Griffiths    CUPRA’s first 100% electric car is also the goalkeeper’s first fully electric model, who is very committed to the fight against global warming    In the Design Lab, the FC Barcelona player discovered some o more >>
Toyota Motor Corporation unveils full global battery electric line-up
14.12.2021
    Akio Toyoda announces 30 battery electric models by 2030    Total global battery electric vehicle sales to reach 3.5M within same timeframe    Lexus aims for 100% battery electric mix in Europe*, N. America and China by 2030    Announcement underpins Toyota Motor E more >>
From Opel Corsa-e to Vivaro-e: 100 kW DC Fast-Charging is a “Given”
14.12.2021
    Opel e-vehicles equipped for 100 kW DC fast-charging    Even Corsa-e and Mokka-e small-class cars capable of fast-charging as standard    7.4 and 11 kW on-board chargers also allow single-phase and 3-phase AC charging    Variety of recharging options, from wallbox or domestic socket more >>
BMW Group Asia electrifies Singapore this December with the first-ever BMW iX and new BMW iX3.
03.12.2021
Customers to experience new EVs first-hand at Christmas Wonderland and EV Weekend. BMW Group Asia brings 2021 to a close with the launch of the first-ever BMW iX and new BMW iX3 at two of the most anticipated events in the Lion City this December more >>
Volkswagen loses poll position for the second time this century, as Stellantis outperforms
30.11.2021
    Stellantis registered more units than Volkswagen Group in October    The European car market decreased in size due to the ongoing semiconductor shortage    EVs achieve a new record for monthly market share more >>
Stellantis Signs Lithium Supply Agreement with Vulcan Energy
30.11.2021
    Agreement supports decarbonized supply of key raw material for electrified vehicle battery packs    Key element to power Stellantis’ aggressive electrification strategyStellantis N.V. (NYSE / MTA / Euron more >>
Energy Absolute eying for EV leadership in Thailand with its new battery plant, says GlobalData
24.11.2021
Following the news that Thailand’s renewable energy company Energy Absolute (EA) is set to open an electric vehicle (EV) battery factory in Thailand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, of more >>
Production starts on the first road−going full−electric Volta Zero vehicles
17.11.2021
Volta Trucks, a leading and disruptive full-electric commercial vehicle manufacturer and services provider, has started production of the first road-going ‘Design Verification’ (DV) prototype Volta Zero vehicle at a bespoke facility in Coventry, UK. The more >>
Aiways to start selling electric battery SUVs in Switzerland
04.11.2021
•    Aiways partners with Alcomotive for sales and distribution  •    Aiways U5 SUV available to buy from early 2022 •    Aiways U6 SUV-Coupé to follow in the Q1 of 2022 •    Aiways to launch one new model per calendar year in Europe more >>
EV top theme among Xiaomi discussions on social media during last 90 days, reveals GlobalData
30.10.2021
•    Discussions around Xiaomi zoomed as it forayed into automobile industry•    Influencers positive on Xiaomi’s plan to move beyond smartphones•    Xiaomi may find challenging in China due to crowded EV market more >>
E-transport challenge: 300 kilometres running on electricity in polar climate carrying 14 tonnes of iron ore
28.10.2021
Managing to electrify heavy transport is an important element in the climate transition, but is it even possible above the polar circle? Trucks and buses account for a large part of CO2 emissions from the transport sector in Europe. Reducing emiss more >>
Aiways offers unrivalled battery safety
20.10.2021
•    Shanghai-based EV brand achieves ‘zero battery fire’ record since 2019•    Patented ‘sandwich’ technology negates risk of coolant leakage•    Effcient battery packaging increases interior comfort and wellbeing•    Aiways working together more >>
Ecobat Acquires Benelux Battery Distributor Emrol
19.10.2021
Acquisition diversifies Ecobat's position in Europe as the leader in energy storage by expanding into new e-mobility and motive power markets Ecobat, the global leader in battery recycling, announced more >>
Stellantis and LG Energy Solution to Form Joint Venture for Lithium-Ion Battery Production in North America
19.10.2021
    New battery plant to have annual production capacity of 40 gigawatt hours; targeted to start by first quarter 2024    Important next step toward electrification transformation in North America more >>
Vulcan Energy signs binding lithium offtake agreement with Umicore
19.10.2021
Vulcan Energy has signed a binding Lithium hydroxide offtake agreement (“Agreement”) with Umicore, a leader in cathode materials production used in lithium-ion batteries for electrified transportation.  In Nysa, Poland, Umicore has built the first cathode materials plant in Europe. The plant is expected to start production around y more >>
ANALYST COMMENT - New investments flow to support Tata’s ambition of making EVs mainstream in India, says GlobalData
15.10.2021
Following the news that Investment firm TPG Rise Climate along with its co-investor ADQ announced investment of INR7.5bn (US$1bn) in Tata Motors electric vehicle (EV) arm; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, more >>
Battery electric vehicles power on despite supply issues bedevilling new car market
06.10.2021
    New car registrations fall -34.4% on Covid-hit 2020 to 215,312 units, the weakest September since 1998, before the twice-a-year numberplate system was introduced.    Supply issues caused by semiconductor shortages continue to plague industry.    Battery electric vehicles charge ahead as 32,721 join the more >>
CUPRA Born: The brand’s first 100% electric model ready to be the impulse in the EV market
05.10.2021
    CUPRA Born perfectly matches electrification and performance, leading the brands expansion into new markets and delivering new business models       Available with different power outputs, and w more >>
Two, three-wheelers and buses at forefront of India’s electrification agenda, says GlobalData
01.10.2021
Vehicle electrification has become a strategic priority for the stakeholders of the automotive market in India. Therefore, everybody is undergoing the essential ‘upskilling’ phase to be future-ready for electric vehicles (EV). To give an impetus to more >>
Foxconn’s EV ambition to take-off in Thailand, says GlobalData
21.09.2021
Taiwan-based smartphone manufacturing giant Hon Hai Precision Industry Co. (Foxconn) and state-owned oil supplier PTT PLC have signed an agreement to start electric vehicle (EV) manufacturing facility in Thailand.     The agreement, which foll more >>
Mercedes-Benz do Brasil presents fully electric bus chassis eO500U
14.09.2021
Mercedes-Benz do Brasil has presented the fully electric eO500U bus chassis. The bus chassis was specially designed for Latin American cities and will be produced in São Bernardo do Campo, in the Brazilian state of São Paulo, from 2022 on. more >>
Batteries are running low on Government’s Road to Zero targets as electric uptake lacks required pace
13.09.2021
    Despite surge in sales driven by greater choice, model launches, and advertising, EV market is off required pace to meet Government’s 2030 targets    Sales need seven-fold increase in five years to get back on track – greater focus on incentives, investment, and information needed more >>
CUPRA UrbanRebel Concept - CUPRA shows a glimpse of the company’s future urban all−electric car
27.08.2021
    This all-electric concept car represents CUPRA’s most radical interpretation of an urban electric performance car    The concept car gives an idea of the future design language of the urban electric vehicle, which will be launched in 2025    The CUPRA UrbanRebel Concept will make its world debut a more >>
Setra enhances Norwegian express routes
24.08.2021
Vy Buss AS", Norway's largest bus corporation, is operating 13 new Setra S 531 DT double-decker buses on its express routes. The photo shows part of the new luxury bus fleet. The vehicles equipped with destination displays will travel on the Oslo – more >>
Staycation in style this summer with the Aiways U5 all-electric SUV
17.08.2021
•    Zero-emissions driving in safety, space and style•    Class-leading interior space allows the whole family to travel in comfort•    400km all-electric range for hassle-free day trips•    Aiways to launch one new model per year, with the Aiways U6 SUV arriving in more >>
Honda: Our Perspective- Bold Action Must Continue to Realize Electrified Future
12.08.2021
President Biden recently took a positive step toward new federal vehicle emissions standards that include the Administration’s bold objective to advance America’s electric vehicle future. In so doing, the Biden Administration is aligned with th more >>
Aiways and finn.auto sign fleet cooperation
09.08.2021
•    The subscription vehicle broker buys Aiways U5 vehicles•    Aiways U5 impresses with its comfort, space and price•    Growing trend towards electric mobility for vehicle subscriptions•    Aiways U6 will be available in European markets from early 2022 more >>
Foxconn aggressively carving out a niche in APAC EV industry, says GlobalData
06.08.2021
The rapid growth of electric vehicles (EVs) has transformed the traditional automotive industry business due to the merging boundaries between automotive technology, electronics and information & communication technology. Over the past few years, technology companies, such as Foxconn have been aggressively trying to carve out a niche in the Asia-Paci more >>
Li Auto outpaces Tesla in China job postings, reveals GlobalData
05.08.2021
Growing deliveries for maiden mid-size SUV ‘Li ONE’ and the introduction of new production line seems to have increased Beijing-based Tesla rival Li Auto’s need for talent. The US-listed electric vehicle (EV) maker is rallying for new hires with job postings increasing from 159 jobs in January 2021 to 441 in July 2021, surpassing Tesla& more >>
Trials of the Mercedes-Benz eEconic for fully electric operation in municipal use are in full swing
27.07.2021
Striding towards series production:     The tests are focusing on the safety, performance and durability of the vehicle    Refuse collection operations are an ideal application: The range of the 27-ton vehicle covers more >>
The first of the electric AC Cobra fires up
24.07.2021
Heralding a new generation of iconic sports cars, the first AC Cobra Series 1 electric is undergoing final development work ahead of the delivery of the first customer cars.A faithful recreation of the AC Cobra, but with a modern, emissions-free electric po more >>
2001-2022 copyright automobilsport.com