17 Mar 2024 | Abstracted from Wired
"It is estimated that by 2030, a staggering 49 million electric cars will be produced annually, each equipped with a lithium-ion battery that has an average lifespan of 10-15 years."The Earth's limited resources cannot keep up with the need for raw materials like cobalt, nickel, and manganese, which are essential for battery production.
"The power of closed-loop battery recycling lies not only in its ability to reduce waste and environmental impact but also in its potential to shape a more sustainable future."
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