In July 2020, EV and hybrid vehicles hit a record 18% of total car sales in Europe. Globally, Bloomberg estimates that EVs will make up nearly 3 out of every 10 new car sales a decade from now. By 2030, they estimate worldwide EV sales will jump from 1.7m to 26m units.
Tackling safe and more productive manufacturing of batteries is essential to feed this growth. And these precious metals are expensive and toxic. So an effective recycling approach will be very welcomed.
Tesla’s co-founder has focused exclusively on this opportunity. Complete article here.
