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EV Battery Reuse

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EV ¹èÅ͸® Àç»ç¿ë ¼¼°è ½ÃÀå, 2030³â±îÁö 56¾ï ´Þ·¯¿¡ ´ÞÇÒ Àü¸Á

2024³â 6¾ï 2,510¸¸ ´Þ·¯·Î ÃßÁ¤µÇ´Â EV ¹èÅ͸® Àç»ç¿ë ¼¼°è ½ÃÀåÀº 2024-2030³âÀÇ ºÐ¼® ±â°£ µ¿¾È 44.2%ÀÇ ¿¬Æò±Õ º¹ÇÕ ¼ºÀå·ü(CAGR)·Î ¼ºÀåÇÏ¿© 2030³â¿¡´Â 56¾ï ´Þ·¯¿¡ ´ÞÇÒ °ÍÀ¸·Î ¿¹»óµË´Ï´Ù. º» º¸°í¼­¿¡¼­ ºÐ¼®ÇÑ ºÎ¹® Áß ÇϳªÀÎ BEV ¹èÅ͸® Àç»ç¿ëÀº CAGR 48.7%¸¦ ±â·ÏÇÏ¿© ºÐ¼® ±â°£ µ¿¾È 33¾ï ´Þ·¯¿¡ ´ÞÇÒ °ÍÀ¸·Î ¿¹»óµÇ¸ç, HEV &&PHEV ¹èÅ͸® Àç»ç¿ë ºÎ¹®ÀÇ ¼ºÀå·üÀº ºÐ¼® ±â°£ µ¿¾È CAGR 39.2%·Î ÃßÁ¤µË´Ï´Ù.

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¹Ì±¹ÀÇ EV ¹èÅ͸® Àç»ç¿ë ½ÃÀåÀº 2024³â 1¾ï 6,430¸¸ ´Þ·¯·Î ÃßÁ¤µË´Ï´Ù. ¼¼°è 2À§ÀÇ °æÁ¦ ´ë±¹ÀÎ Áß±¹Àº 2030³â±îÁö 8¾ï 1,640¸¸ ´Þ·¯ ±Ô¸ð¿¡ µµ´ÞÇÒ °ÍÀ¸·Î ¿¹»óµÇ¸ç, 2024-2030³âÀÇ ºÐ¼® ±â°£ µ¿¾È 41.6%ÀÇ ¿¬Æò±Õ º¹ÇÕ ¼ºÀå·ü(CAGR)À» ³ªÅ¸³¾ Àü¸ÁÀÔ´Ï´Ù. ´Ù¸¥ ÁÖ¸ñÇÒ ¸¸ÇÑ Áö¿ª ½ÃÀåÀ¸·Î´Â ÀϺ»°ú ij³ª´Ù°¡ ºÐ¼® ±â°£ µ¿¾È °¢°¢ 40.8%¿Í 37.6%ÀÇ ¿¬Æò±Õ º¹ÇÕ ¼ºÀå·ü(CAGR)À» ³ªÅ¸³¾ Àü¸ÁÀÔ´Ï´Ù. À¯·´¿¡¼­´Â µ¶ÀÏÀÌ CAGR 29.6%·Î ¼ºÀåÇÒ °ÍÀ¸·Î ¿¹»óµË´Ï´Ù.

¼¼°è EV ¹èÅ͸® Àç»ç¿ë ½ÃÀå - ÁÖ¿ä µ¿Çâ ¹× ÃËÁø¿äÀÎ ¿ä¾à

EV ¹èÅ͸® Àç»ç¿ë ½ÃÀåÀÇ ¼ºÀåÀ» °¡¼ÓÇÏ´Â ÁÖ¿ä ¿äÀÎÀº?

EV ¹èÅ͸® Àç»ç¿ë ½ÃÀåÀº Àü±âÂ÷ º¸±Þ Áõ°¡¿Í Áö¼Ó°¡´É¼º¿¡ ´ëÇÑ °ü½É Áõ°¡·Î ÀÎÇØ ºü¸£°Ô ¼ºÀåÇϰí ÀÖ½À´Ï´Ù. Àü ¼¼°èÀûÀ¸·Î Àü±âÂ÷(EV)ÀÇ º¸±ÞÀÌ °¡¼ÓÈ­µÊ¿¡ µû¶ó EV¿ë ¹èÅ͸®ÀÇ »ç¿ë·®ÀÌ Áõ°¡ÇÔ¿¡ µû¶ó 2Â÷ ¿ëµµ·Î Àç»ç¿ëÇÒ ¼ö ÀÖ´Â ±âȸ°¡ »ý°Ü³ª°í ÀÖÀ¸¸ç, EV ¹èÅ͸®ÀÇ Àç»ç¿ëÀº Æó±â¹°·Î ÀÎÇÑ È¯°æ ¿µÇâÀ» ÁÙÀÏ »Ó¸¸ ¾Æ´Ï¶ó ¹èÅ͸® »ý»ê¿¡ ÇÊ¿äÇÑ »õ·Î¿î ¿øÀÚÀç¿¡ ´ëÇÑ ¼ö¿ä Áõ°¡¸¦ ¿ÏÈ­ÇÏ´Â µ¥¿¡µµ ±â¿©Çϰí ÀÖ½À´Ï´Ù. ±â¿©ÇÕ´Ï´Ù. ÇâÈÄ 10³â°£ ¼ö¹é¸¸ ´ëÀÇ EV°¡ ÅðÃâµÉ °ÍÀ¸·Î ¿¹»óµÇ´Â °¡¿îµ¥, ¿¡³ÊÁö ÀúÀå ½Ã½ºÅÛ(ESS)°ú °°Àº 2Â÷ ¿ëµµ·Î »ç¿ë ÈÄ ¹èÅ͸®¸¦ Àç»ç¿ëÇÏ´Â °Í¿¡ ÁÖ¸ñÇÏ´Â Á¦Á¶¾÷ü¿Í ÀçȰ¿ë ¾÷üµéÀÌ ´Ã°í ÀÖ½À´Ï´Ù.

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±â¼úÀÇ ¹ßÀüÀº ¾î¶»°Ô Á¤¼¼¸¦ Çü¼ºÇϰí Àִ°¡?

¹èÅ͸® °Ë»ç, Áø´Ü ¹× Àç»ý ÇÁ·Î¼¼½ºÀÇ ±â¼ú ¹ßÀüÀº EV ¹èÅ͸®ÀÇ Àç»ç¿ëÀ» °¡´ÉÇÏ°Ô ÇÏ´Â µ¥ Áß¿äÇÑ ¿ªÇÒÀ» Çϰí ÀÖÀ¸¸ç, EV ¹èÅ͸®´Â ³ëÈÄÈ­µÊ¿¡ µû¶ó ¼º´ÉÀÌ ÀúÇϵDZ⠶§¹®¿¡ 2Â÷ ¿ëµµ·Î Àç»ç¿ëÇϱâ Àü¿¡ ÀÜ¿© ¼ö¸í°ú À¯È¿¼ºÀ» Æò°¡ÇÏ´Â °ÍÀÌ ÇʼöÀûÀÔ´Ï´Ù. »õ·Î¿î Áø´Ü µµ±¸¿Í ±â¼úÀÌ °³¹ßµÇ¾î »ç¿ë ÈÄ Àü±âÂ÷ ¹èÅ͸®ÀÇ °ÇÀü¼ºÀ» ´õ Àß Æò°¡Çϰí, ³²Àº ¿ë·®ÀÌ ÃæºÐÇÑ ¹èÅ͸®¸¸ ¿¡³ÊÁö ÀúÀå ½Ã½ºÅÛÀ̳ª ´Ù¸¥ ¿ëµµ·Î Àç»ç¿ëÇÒ ¼ö ÀÖµµ·Ï µ½°í ÀÖ½À´Ï´Ù. ÀÌ·¯ÇÑ µµ±¸´Â Á¦Á¶¾÷ü¿Í ÀçȰ¿ë ¾÷üµéÀÌ »ç¿ë ÈÄ ¹èÅ͸®ÀÇ ÃÖÀûÀÇ ¼º´É Ư¼ºÀ» ÆÇ´ÜÇϰí 2Â÷ »ç¿ë ¼ö¸íÀ» ÃÖ´ëÈ­ÇÒ ¼ö ÀÖµµ·Ï µ½½À´Ï´Ù.

¶ÇÇÑ, ¹èÅ͸® °ü¸® ½Ã½ºÅÛ(BMS)°ú ¿¡³ÊÁö ÀúÀå ½Ã½ºÅÛÀÇ Çõ½ÅÀº EV ¹èÅ͸®ÀÇ Àç»ç¿ë °¡´É¼ºÀ» ´õ¿í ³ô¿©ÁÖ°í ÀÖ½À´Ï´Ù. ÷´Ü BMS ±â¼úÀº Àç»ç¿ë ¹èÅ͸®ÀÇ ¼º´ÉÀ» ¸ð´ÏÅ͸µÇϰí ÃÖÀûÈ­ÇÏ¿© ¹èÅ͸®°¡ 2Â÷ ¿ëµµ¿¡¼­ ÃÖ°íÀÇ È¿À²·Î ÀÛµ¿Çϵµ·Ï ÇÒ ¼ö ÀÖ½À´Ï´Ù. ÀÌ·¯ÇÑ ½Ã½ºÅÛÀÌ Áö¼ÓÀûÀ¸·Î °³¼±µÇ¸é Àç»ç¿ë Àü±âÂ÷ ¹èÅ͸®ÀÇ ½Å·Ú¼º°ú ¾ÈÀü¼ºÀÌ Çâ»óµÇ¾î ´ë±Ô¸ð ¿¡³ÊÁö ÀúÀå ¼Ö·ç¼ÇÀ¸·Î ´õ¿í ¸Å·ÂÀûÀ¸·Î º¯¸ðÇÒ °ÍÀÔ´Ï´Ù. ¿¹¸¦ µé¾î, ž籤 ¹× dz·Â ¹ßÀü°ú °°Àº Àç»ý ¿¡³ÊÁö¸¦ ÀúÀåÇÏ´Â ±×¸®µå ¿¡³ÊÁö ÀúÀå ½Ã½ºÅÛ¿¡¼­ Àç»ç¿ë ¹èÅ͸®°¡ Á¡Á¡ ´õ ¸¹ÀÌ »ç¿ëµÇ°í ÀÖÀ¸¸ç, ÀÌ´Â ¿¡³ÊÁö ±×¸®µå ¾ÈÁ¤È­¿Í È­¼® ¿¬·á ÀÇÁ¸µµ¸¦ ³·Ãß´Â µ¥ ±â¿©Çϰí ÀÖ½À´Ï´Ù.

¶ÇÇÑ, ¹èÅ͸® Àç»ý °øÁ¤ÀÇ °³¹ß·Î ´õ ¸¹Àº À¯ÇüÀÇ ¹èÅ͸®¿Í È­ÇÐ ¹°ÁúÀ» Àç»ç¿ëÇÒ ¼ö ÀÖ°Ô µÇ¾ú½À´Ï´Ù. °¢ ¾÷üµéÀº ¿À·¡µÈ ¹èÅ͸®¸¦ Àç»ýÇÏ°í ¾÷±×·¹À̵åÇÏ´Â ¹æ¹ýÀ» Çõ½ÅÇÏ¿© ¹èÅ͸®¿¡ »õ·Î¿î ¼ö¸íÀ» ºÎ¿©Çϰí Àü¹ÝÀûÀÎ ¼º´ÉÀ» Çâ»ó½Ã۰í ÀÖ½À´Ï´Ù. ¹èÅ͸® ÀçÁ¦Á¶ ±â¼úÀÇ ¹ßÀüÀ¸·Î Àü±âÂ÷ ¹èÅ͸®ÀÇ Àç»ç¿ë ºñ¿ëÀÌ ³·¾ÆÁ® º¸´Ù °æÁ¦ÀûÀ¸·Î ½ÇÇà °¡´ÉÇÑ ¼±ÅÃÀÌ µÇ°í ÀÖ½À´Ï´Ù. ÀÌ·¯ÇÑ ±â¼ú ¹ßÀüÀº ¿¡³ÊÁö ÀúÀå¿¡ ´ëÇÑ ¼ö¿ä Áõ°¡¸¦ Áö¿øÇϰí EV »ê¾÷ÀÇ È¯°æ ¹ßÀÚ±¹À» ÁÙÀ̱â À§ÇÑ ÁÖ·ù ¼Ö·ç¼ÇÀ¸·Î ¹èÅ͸® Àç»ç¿ëÀÌ ³Î¸® äÅÃµÉ ¼ö ÀÖ´Â Åä´ë¸¦ ¸¶·ÃÇϰí ÀÖ½À´Ï´Ù.

EV ¹èÅ͸® Àç»ç¿ëÀÌ Á¦½ÃÇÏ´Â Áö¼Ó°¡´É¼º °úÁ¦¿Í ±âȸ´Â ¹«¾ùÀΰ¡?

Áö¼Ó°¡´É¼ºÀº EV ¹èÅ͸® Àç»ç¿ë¿¡ ´ëÇÑ °ü½ÉÀÌ ³ô¾ÆÁö¸é¼­ ÇÙ½ÉÀûÀÎ ¿ªÇÒÀ» Çϰí ÀÖ½À´Ï´Ù. Àü ¼¼°è°¡ ûÁ¤ ¿¡³ÊÁö¿Í ģȯ°æ ¿î¼Û ¼Ö·ç¼ÇÀ¸·Î ³ª¾Æ°¡°í ÀÖ´Â °¡¿îµ¥, EV ¹èÅ͸® Àç»ç¿ëÀº Æó±â¹°À» ÁÙÀÌ°í »õ·Î¿î ¿ø·áÀÇ Çʿ伺À» ÃÖ¼ÒÈ­ÇÒ ¼ö ÀÖ´Â Å« ±âȸ¸¦ Á¦°øÇÕ´Ï´Ù. ±×·¯³ª EV ¹èÅ͸®¸¦ Àç»ç¿ëÇϱâ À§Çؼ­´Â EV ¹èÅ͸®°¡ ÇÊ¿äÇÑ ¾ÈÀü ±âÁØÀ» ÃæÁ·Çϰí 2Â÷ ¿ëµµ¿¡¼­ ±â´ë¿¡ ºÎÀÀÇÏ´Â ¼º´ÉÀ» ¹ßÈÖÇÒ ¼ö ÀÖµµ·Ï ½ÅÁßÇÑ Å×½ºÆ®, °³Á¶ ¹× Àç»ç¿ëÀÌ ÇÊ¿äÇÕ´Ï´Ù. ÀûÀýÇÑ ÀÎÇÁ¶ó°¡ ¾ø´Ù¸é, Àç»ç¿ëµÈ ¹èÅ͸®°¡ ±×¸®µå ¿¡³ÊÁö ÀúÀå ¹× ±âŸ ¿ëµµ¿¡ ÇÊ¿äÇÑ ±âÁØÀ» ÃæÁ·ÇÏÁö ¸øÇÒ ¼ö ÀÖÀ¸¸ç, ÀÌ´Â Àç»ç¿ë ¸ðµ¨ÀÇ È¯°æÀû ÀÌÁ¡À» ÈѼÕÇÒ ¼ö ÀÖ½À´Ï´Ù.

ÀÌ·¯ÇÑ µµÀü¿¡µµ ºÒ±¸Çϰí, EV ¹èÅ͸® Àç»ç¿ë ½ÃÀå¿¡´Â Å« Áö¼Ó°¡´É¼º ±âȸ°¡ ÀÖÀ¸¸ç, EV ¹èÅ͸® Àç»ç¿ëÀº ¹èÅ͸® Æó±â¹°ÀÌ ¸Å¸³Áö ¹× »ýŰ迡 ¹ÌÄ¡´Â À¯ÇØÇÑ ¿µÇâ°ú °°ÀÌ ¿À·¡µÈ ¹èÅ͸®¸¦ Æó±âÇÒ ¶§ ¹ß»ýÇϴ ȯ°æÀû ¿µÇâÀ» ÁÙÀÏ ¼ö ÀÖ½À´Ï´Ù. ¹èÅ͸®ÀÇ ¼ö¸íÀ» ¿¬ÀåÇÔÀ¸·Î½á Á¦Á¶¾÷ü´Â »õ·Î¿î ¹èÅ͸®ÀÇ ¿ø·á¸¦ äÃëÇϱâ À§ÇÑ Ãß°¡ ä±¼ Ȱµ¿ÀÇ Çʿ伺µµ ÁÙÀÏ ¼ö ÀÖ½À´Ï´Ù. ¶ÇÇÑ, »ç¿ëÇÑ Àü±âÂ÷ ¹èÅ͸®¸¦ ¿¡³ÊÁö ÀúÀå ½Ã½ºÅÛÀ¸·Î Àç»ç¿ëÇÒ ¼ö ÀÖ´Ù´Â °ÍÀº ´õ ±ú²ýÇϰí Àç»ý °¡´ÉÇÑ ¿¡³ÊÁö¿øÀ» ã´Â Àü ¼¼°èÀûÀÎ ¿òÁ÷ÀÓ¿¡ ºÎÇÕÇÕ´Ï´Ù. Àç»ç¿ëµÈ ¹èÅ͸®´Â ž籤 ¹× dz·Â ¹ßÀüÀ¸·Î »ý»êµÈ À׿© ¿¡³ÊÁö¸¦ ÀúÀåÇÒ ¼ö ÀÖ¾î ¿¡³ÊÁö ±×¸®µå¸¦ ¾ÈÁ¤È­½ÃŰ°í ¼ö¿ä°¡ ¸¹À» ¶§ ûÁ¤ ¿¡³ÊÁö¸¦ È®º¸ÇÏ´Â µ¥ µµ¿òÀÌ µÉ ¼ö ÀÖ½À´Ï´Ù.

EV ¹èÅ͸® Àç»ç¿ëÀ» ÅëÇØ ÀüÀÚÆó±â¹°(e-waste)À» ÁÙÀÏ ¼ö ÀÖ´Â ±âȸµµ ½ÃÀå ¼ºÀåÀÇ ÁÖ¿ä ¿äÀÎÀÔ´Ï´Ù. Àü ¼¼°è ÀüÀÚ Æó±â¹° ¹®Á¦´Â ºü¸£°Ô Áõ°¡Çϰí ÀÖÀ¸¸ç, »ç¿ëÇÑ EV ¹èÅ͸®°¡ ÀÌ ¹®Á¦ÀÇ ´ëºÎºÐÀ» Â÷ÁöÇϰí ÀÖÀ¸¸ç, EV ¹èÅ͸®¸¦ Æó±âÇÏÁö ¾Ê°í Àç»ç¿ëÇÏ¸é »ó´çÇÑ ¾çÀÇ ÀüÀÚ Æó±â¹°À» ÇÇÇÒ ¼ö ÀÖ¾î º¸´Ù Áö¼Ó °¡´ÉÇÑ ¼øÈ¯ °æÁ¦¿¡ ±â¿©ÇÒ ¼ö ÀÖ½À´Ï´Ù. ÀÌ´Â ÀüÀÚÁ¦Ç°ÀÇ È¯°æ ¿µÇâÀ» ÁÙÀ̰í Ã¥ÀÓ°¨ ÀÖ´Â ¼Òºñ¿Í »ý»êÀ» ÃËÁøÇÏ´Â µ¥ ´ëÇÑ Àü ¼¼°èÀûÀÎ °ü½É Áõ°¡¿Í ÀÏÄ¡ÇÕ´Ï´Ù. Àå±âÀûÀ¸·Î EV ¹èÅ͸® Àç»ç¿ë ½ÃÀåÀÇ ¼ºÀåÀº º¸´Ù Áö¼Ó °¡´ÉÇÑ ¿¡³ÊÁö ½Ã½ºÅÛÀ¸·ÎÀÇ ÀüȯÀ» Áö¿øÇϸ鼭 ÀüÀÚ Æó±â¹° ¹®Á¦¸¦ ÇØ°áÇÏ´Â µ¥ ÇʼöÀûÀÎ ¿ªÇÒÀ» ÇÒ °ÍÀ¸·Î º¸ÀÔ´Ï´Ù.

EV ¹èÅ͸® Àç»ç¿ëÀÇ ÁÖ¿ä ¼ºÀå ¿äÀÎÀº ¹«¾ùÀΰ¡?

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  • Connected Energy Ltd.
  • Evyon AS
  • OCTAVE BV
  • Ronak Pumps and Valves Pvt.
  • Second Life EV Batteries Ltd

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LSH 25.02.19

Global EV Battery Reuse Market to Reach US$5.6 Billion by 2030

The global market for EV Battery Reuse estimated at US$625.1 Million in the year 2024, is expected to reach US$5.6 Billion by 2030, growing at a CAGR of 44.2% over the analysis period 2024-2030. BEV Battery Reuse, one of the segments analyzed in the report, is expected to record a 48.7% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the HEV & PHEV Battery Reuse segment is estimated at 39.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$164.3 Million While China is Forecast to Grow at 41.6% CAGR

The EV Battery Reuse market in the U.S. is estimated at US$164.3 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$816.4 Million by the year 2030 trailing a CAGR of 41.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 40.8% and 37.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 29.6% CAGR.

Global EV Battery Reuse Market - Key Trends & Drivers Summarized

What Are the Key Drivers Fueling Growth in the EV Battery Reuse Market?

The EV Battery Reuse market is experiencing rapid growth, driven primarily by the increasing number of electric vehicles on the road and the growing concern over sustainability. As the adoption of electric vehicles (EVs) continues to accelerate globally, the number of used EV batteries is rising, creating an opportunity for their reuse in secondary applications. Reusing EV batteries not only helps to reduce the environmental impact of waste but also contributes to mitigating the growing demand for new raw materials needed for battery production. With millions of EVs expected to be retired in the next decade, an increasing number of manufacturers and recyclers are focusing on the repurposing of used batteries for secondary life applications such as energy storage systems (ESS).

The economic benefits of battery reuse also play a crucial role in driving the market forward. Reusing EV batteries for secondary purposes is a cost-effective alternative to mining and processing new raw materials. It offers the potential to significantly lower costs in the battery supply chain and reduce dependence on critical minerals like lithium, cobalt, and nickel. As the global supply of these materials becomes constrained due to increasing demand and geopolitical concerns, the ability to repurpose EV batteries provides a practical and sustainable solution. Battery reuse also offers an additional revenue stream for automakers and battery manufacturers, as used batteries can be sold for energy storage applications, further driving market growth.

Additionally, regulatory support and government incentives are encouraging the growth of the EV Battery Reuse market. Governments around the world are introducing policies that encourage the circular economy, sustainability, and the reduction of electronic waste. These policies are creating a favorable environment for the reuse of EV batteries and promoting investments in energy storage technologies that leverage second-life batteries. The adoption of regulations aimed at improving battery recycling rates and ensuring the responsible disposal of used batteries is further helping to unlock the potential of the reuse market.

How Are Technological Advances Shaping the EV Battery Reuse Landscape?

Technological advancements in battery testing, diagnostics, and refurbishment processes are playing a key role in enabling the reuse of EV batteries. As EV batteries age, their performance declines, and it becomes essential to assess their remaining life and effectiveness before repurposing them for secondary applications. New diagnostic tools and technologies are being developed to better evaluate the health of used EV batteries, ensuring that only batteries with sufficient remaining capacity are selected for reuse in energy storage systems or other applications. These tools help manufacturers and recyclers determine the optimal performance characteristics of used batteries and maximize their lifespan in secondary applications.

Moreover, innovations in battery management systems (BMS) and energy storage systems are further enhancing the feasibility of reusing EV batteries. Advanced BMS technologies can monitor and optimize the performance of reused batteries, ensuring that they operate at peak efficiency in secondary applications. As these systems continue to improve, the reliability and safety of repurposed EV batteries will increase, making them more attractive for large-scale energy storage solutions. For instance, repurposed batteries are increasingly being used in grid energy storage systems to store renewable energy, such as solar and wind power, helping to stabilize energy grids and reduce reliance on fossil fuels.

In addition, developments in battery refurbishment processes are enabling the reuse of a broader range of battery types and chemistries. Companies are innovating ways to refurbish and upgrade older batteries, providing them with new life and improving their overall performance. With advances in battery remanufacturing, the cost of reusing EV batteries has decreased, making it a more economically viable option. These technological advances are laying the foundation for the widespread adoption of battery reuse as a mainstream solution to support the growing demand for energy storage and reduce the environmental footprint of the EV industry.

What Sustainability Challenges and Opportunities Does EV Battery Reuse Present?

Sustainability plays a central role in the growing focus on EV battery reuse. As the world moves toward cleaner energy and greener transportation solutions, reusing EV batteries offers a significant opportunity to reduce waste and minimize the need for new raw materials. However, challenges remain, particularly in terms of standardization, safety, and efficiency. Reusing EV batteries requires careful testing, refurbishment, and repurposing to ensure that these batteries meet the necessary safety standards and perform as expected in secondary applications. Without proper infrastructure, there is a risk that reused batteries may not meet the required standards for grid energy storage or other uses, potentially undermining the environmental benefits of the reuse model.

Despite these challenges, the EV Battery Reuse market presents substantial sustainability opportunities. The reuse of EV batteries can reduce the environmental impact associated with the disposal of old batteries, including the harmful effects of battery waste on landfills and ecosystems. By extending the lifespan of these batteries, manufacturers can also reduce the need for additional mining activities to extract raw materials for new batteries, which is often associated with environmental degradation and human rights concerns in mining operations. Furthermore, the ability to repurpose used EV batteries into energy storage systems aligns with the global push for cleaner, renewable energy sources. Repurposed batteries can store excess energy generated by solar and wind power, helping to stabilize energy grids and ensure that clean energy is available when demand is high.

The opportunity to reduce electronic waste (e-waste) through the reuse of EV batteries is also a significant driver of market growth. The global e-waste problem is rapidly increasing, and used EV batteries represent a large portion of this growing issue. By reusing EV batteries rather than disposing of them, a substantial amount of e-waste can be avoided, contributing to a more sustainable, circular economy. This aligns with the increasing global focus on reducing the environmental impact of electronics and promoting responsible consumption and production. In the long term, the growth of the EV Battery Reuse market is poised to play an essential role in addressing e-waste challenges while supporting the transition to a more sustainable energy system.

What Are the Key Growth Drivers for EV Battery Reuse?

The growth in the EV Battery Reuse market is driven by several factors, including the rapid expansion of the electric vehicle market, increasing sustainability concerns, and innovations in battery technology. As the global EV market expands, the number of used EV batteries is also increasing, creating a significant opportunity for their reuse in secondary applications. Repurposing used batteries for energy storage not only extends their lifespan but also reduces the demand for new raw materials and minimizes the environmental impact associated with mining for critical minerals.

Technological advancements in battery diagnostics, management systems, and refurbishment processes are also fueling market growth. Improved testing and refurbishment methods are making it easier to assess the health of used batteries and repurpose them for reliable secondary use. Furthermore, innovations in energy storage technologies, particularly in grid applications, are making reused batteries an attractive solution for large-scale energy storage.

Finally, growing regulatory support for sustainability and the circular economy is driving investments in EV battery reuse. Governments worldwide are increasingly adopting policies that encourage battery recycling and reuse, providing a favorable regulatory environment for the market. These factors combined are positioning EV Battery Reuse as a crucial component of the broader EV ecosystem, contributing to the transition to a more sustainable and circular economy.

SCOPE OF STUDY:

The report analyzes the EV Battery Reuse market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Vehicle Type (BEV, HEV & PHEV); Application (Energy Storage Application, EV Charging Application, Base Stations Application, Low Speed Vehicles Application)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 27 Featured) -

  • B2U Storage Solutions, Inc.
  • Connected Energy Ltd.
  • Evyon AS
  • OCTAVE BV
  • Ronak Pumps and Valves Pvt. Ltd.
  • Second Life EV Batteries Ltd

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Economic Frontiers: Trends, Trials & Transformations
    • EV Battery Reuse - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising EV Adoption Highlights Opportunities in Second-Life Battery Markets
    • Demand for Energy Storage Systems Propels Growth in Battery Repurposing
    • Focus on Circular Economy Models Drives Innovation in Battery Reuse
    • AI-Driven Battery Health Diagnostics Strengthens Business Case for Repurposed Units
    • Emerging Role of Used Batteries in Renewable Energy Integration Bodes Well for Market Growth
    • Government Mandates for Battery Recycling Expand Opportunities in Reuse Markets
    • Advancements in Battery Management Systems Propel Demand for Reusable Units
    • AI for Predictive Analytics Expands Opportunities in Battery Repurposing
    • Growing Renewable Energy Projects Strengthen Case for Second-Life Storage Solutions
    • Focus on EV Fleet Management Propels Growth in Battery Reuse
    • AI for Lifecycle Optimization Sets the Stage for Efficient Battery Reuse
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World EV Battery Reuse Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for EV Battery Reuse by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 3: World 6-Year Perspective for EV Battery Reuse by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2025 & 2030
    • TABLE 4: World Recent Past, Current & Future Analysis for BEV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 5: World 6-Year Perspective for BEV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 6: World Recent Past, Current & Future Analysis for HEV & PHEV by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 7: World 6-Year Perspective for HEV & PHEV by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Energy Storage Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 9: World 6-Year Perspective for Energy Storage Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 10: World Recent Past, Current & Future Analysis for EV Charging Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 11: World 6-Year Perspective for EV Charging Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 12: World Recent Past, Current & Future Analysis for Base Stations Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 13: World 6-Year Perspective for Base Stations Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Low Speed Vehicles Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 15: World 6-Year Perspective for Low Speed Vehicles Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2025 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
    • TABLE 16: USA Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 17: USA 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 18: USA Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 19: USA 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • CANADA
    • TABLE 20: Canada Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 21: Canada 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 22: Canada Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 23: Canada 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • JAPAN
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
    • TABLE 24: Japan Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 25: Japan 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 26: Japan Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 27: Japan 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • CHINA
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
    • TABLE 28: China Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 29: China 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 30: China Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 31: China 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • EUROPE
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
    • TABLE 32: Europe Recent Past, Current & Future Analysis for EV Battery Reuse by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2024 through 2030 and % CAGR
    • TABLE 33: Europe 6-Year Perspective for EV Battery Reuse by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2025 & 2030
    • TABLE 34: Europe Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 35: Europe 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 36: Europe Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 37: Europe 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • FRANCE
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
    • TABLE 38: France Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 39: France 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 40: France Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 41: France 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • GERMANY
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
    • TABLE 42: Germany Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 43: Germany 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 44: Germany Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 45: Germany 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • ITALY
    • TABLE 46: Italy Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 47: Italy 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 48: Italy Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 49: Italy 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • UNITED KINGDOM
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
    • TABLE 50: UK Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 51: UK 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 52: UK Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 53: UK 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • REST OF EUROPE
    • TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 55: Rest of Europe 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 57: Rest of Europe 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • ASIA-PACIFIC
    • EV Battery Reuse Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
    • TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 59: Asia-Pacific 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 61: Asia-Pacific 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030
  • REST OF WORLD
    • TABLE 62: Rest of World Recent Past, Current & Future Analysis for EV Battery Reuse by Vehicle Type - BEV and HEV & PHEV - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 63: Rest of World 6-Year Perspective for EV Battery Reuse by Vehicle Type - Percentage Breakdown of Value Sales for BEV and HEV & PHEV for the Years 2025 & 2030
    • TABLE 64: Rest of World Recent Past, Current & Future Analysis for EV Battery Reuse by Application - Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application - Independent Analysis of Annual Sales in US$ Thousand for the Years 2024 through 2030 and % CAGR
    • TABLE 65: Rest of World 6-Year Perspective for EV Battery Reuse by Application - Percentage Breakdown of Value Sales for Energy Storage Application, EV Charging Application, Base Stations Application and Low Speed Vehicles Application for the Years 2025 & 2030

IV. COMPETITION

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