From Nikkei Asia · · 40s
EV adoption slows battery recyclers beyond China struggle
EV adoption slowdown threatens battery recyclers outside China.
In brief
EV adoption slowdown threatens battery recyclers outside China. As EV adoption slows, battery recyclers outside China face challenges due to underused global recycling capacity and China's supply chain dominance. Originally reported by Nikkei Asia.
EV adoption slows
Global EV adoption has slowed more than expected, leaving battery recycling capacity underused worldwide.
Japan's battery recycling
Japan's JX Advanced Metals extracts lithium, nickel, and cobalt from used EV batteries through recycling facilities.
China's supply chain dominance
The global supply chain for EV batteries has become concentrated in China, challenging recyclers outside the country.
The takeaway
As EV adoption slows, battery recyclers outside China face challenges due to underused global recycling capacity and China's supply chain dominance.
