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The Electric Vehicle Battery Recycling market is a subset of the Automotive Batteries market. It focuses on the recycling of electric vehicle batteries, which are used to power electric vehicles. This market is driven by the increasing demand for electric vehicles, as well as the need to reduce the environmental impact of battery disposal. The recycling process involves the collection, sorting, and disassembly of the batteries, followed by the recovery of valuable materials such as cobalt, nickel, and lithium. The recovered materials are then used to produce new batteries.
The Electric Vehicle Battery Recycling market is highly competitive, with a number of companies offering services such as collection, sorting, and disassembly. These companies also provide services such as battery testing, analysis, and certification.
Some of the companies in the Electric Vehicle Battery Recycling market include Umicore, Retriev Technologies, and Li-Cycle. Show Less Read more