How Battery Recycling is Influencing Sustainability
As the world moves towards cleaner energy and electric vehicles (EVs) become more common, battery recycling is becoming increasingly important. Used batteries can be dangerous if not handled correctly because they contain hazardous materials like lithium, cobalt, and nickel. Recycling these batteries helps protect the environment while also recovering valuable materials that can be used again. This makes battery recycling a key part of building sustainable energy systems. The battery recycling market has been growing rapidly. In 2023, it was valued at $25.51 billion and is expected to reach $59.23 billion by 2032. This represents an average annual growth rate…