With Li-Ion Battery Demand Expected To Grow 5-Fold By 2030, Is There A Supply Chain Crisis Brewing?

Benzinga
Benzinga
  • last year
RecycLiCo Battery Materials recovers up to 100% of cathode metals from battery scrap and upcycles them to high-purity, battery-ready materials. The global demand for Lithium-ion (Li-Ion) batteries is expected to grow rapidly by 2030, especially since many electronics--including the growing Electric Vehicle (EV) market--rely heavily on the use of these batteries. This quick increase in demand could potentially trigger an upcoming supply chain crisis.

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