Image: General Kinematics
In recent years, many experts have questioned the environmental sustainability of mining materials to make EV batteries, a process that often emits significant pollution.
But new companies focused on recycling EV batteries are slowly proving they can mitigate many of the negative effects – or the industry’s version of “the grass is actually greener on the other side.”
Background: Current methods for obtaining and refining EV battery materials require a large amount of energy, and oftentimes have major environmental impacts like deforestation, toxic waste, and waterway pollution. As a result, the initial emissions from EVs are higher compared to gas-powered vehicles – but those emissions are won back as the car is driven over time.
But that assumption isn’t matching up with reality. A market dedicated to recycling EV batteries has emerged in recent years. And, while the industry is still in its infancy, companies are currently able to recover 95+% of an EV battery’s key minerals – and also turn a profit.
👀 Looking ahead… By 2030, when a projected 65+% of US electricity will come from zero-carbon sources, EVs could break even on emissions after a few thousand miles of driving.
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