Category: Business

While the raw ingredients for producing brand-new lithium-ion batteries—the most popular kind of batteries—are inexpensive, recycling them results in very expensive expenses. This will be a significant barrier to growth for the whole market. The fact that strong raw material supply networks exist in contrast to the recycling industry's stark comparative lack of them serves as another constraint on this sector. In the upcoming years, the low yield associated with battery recycling is probably going to limit market expansion as well.