A Road Map to Sustainable Mobility: Analyzing the Dynamics of Lithium-Ion Battery Recycling

Abstract

Lithium-ion batteries are the primary power source of electric vehicles. The uncertainty in the availability of raw materials for LIB increases the significance of recycling. This research presents a system dynamics model that represents the dynamics of the lithium-ion battery recycling ecosystem. Our study indicates that the reuse of lithium-ion batteries for stationary storage applications will limit their availability for recycling and mobility applications. But, these LIBs can be reused for stationary storage applications for renewable energy production. Thus, achieving the Electric Mobility vision 2030 may also enable the achievement of renewable energy capacity targets for 2030.