26 Jul 2023 | Abstracted from CBS News
"China currently dominates the EV battery industry...As of 2021, the country boasted more than three times the U.S.' capacity to recycle existing and planned lithium-ion batteries"One way to help offset the need for additional mining is essentially to recycle the [EV] batteries...then put them back into the battery supply chain...By promoting battery recycling in the U.S., federal grants could ultimately decrease the nation's reliance on using mined materials from abroad."
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