In March 2023 Circular Energy Storage published the latest update of the light duty electric vehicle (LEV) battery volumes 2022 to 2030 on CES Online. From batteries being placed on the market to what will be available for reuse and recycling. We also published a 19 page report providing in-depth details on methodology as well as analysis of the current and future market and regional differences.

Here are three important conclusions from this work.

In our recent update of our global lithium-ion battery recycling capacity database we also covered the approaching overcapacity the industry will face, both in Europe and North America. In China it’s already a fact. While capacity is on one side of this equation, volumes of recyclable materials is on the other.

In this article we will explain the main underpinnings of our analysis and also point out why it may be different from others.

In our latest CES Online update of lithium-ion battery pre-processing capacity in Europe and North America a clear pattern emerged in both of the markets: Compared to our previous update short term cumulative capacity declined. However long term it increased, substantially.

Today we are publishing our new data set on battery production scrap on CES Online. The set is based on bottom-up estimates of the global battery production by individual manufacturers and is aligned with our forecast of 3,362 GWh of lithium-ion batteries placed on the market in 2030. The data shows that there will be significantly smaller volumes of battery scrap available than what we have previously estimated.

From a previous forecast of 1.7M tonnes of scrap in 2030 we have cut this to almost half of that amount.

A few words about how we at Circular Energy Storage experienced the market in 2021 and what we will look for in 2022.

Hans Eric Melin from Circular Energy Storage participated in the analyst panel at NAATBatt International 2021 which was streamed on Zoom the 9th of February. The pre-recorded talk is now avaivalble here.

In the latest assessment of EV battery prices by Bloomberg New Energy Finance in December last year the price per kWh fell below $100 on pack level for the first time. With prices for new EV batteries at these levels common sense would suggest that prices for used batteries would be significantly lower. That is however not the case.

In our first assessment of prices for used batteries outside of China the average price per kWh for EV batteries is $220, more than 60% higher than Bloomberg’s average. Here we explain why.

The new EU Battery Regulation is the most progressive product legislation in the world. But what does it actually mean for the battery value chain? A new analysis is available for subscribers of CES Online.

Here a short summary.