Will battery second life have an impact on recycling?

2018 is regarded as the beginning year for battery recycling as the first batch of batteries are gradually coming out of electric vehicles. Umicore has recently announced their investment plan in ramping up battery recycling capacity in preparation for the boom of spent EV batteries. By 2018, we will already have around 33,000 retired electric vehicle battery packs (including electric passenger cars and buses) which amounts to around 1GWh storage capacity.

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