Value of recycled EV batteries by battery type 2020

Published by Bruna Alves, Oct 9, 2023
In 2020, NCM111 batteries were the most profitable type of electric vehicle battery to recycle. Battery recyclers could earn some 42 U.S. dollars per kilowatt hour when recycling an NCM111 battery. LFP batteries, on the other hand, had the lowest salvage value of some 15 U.S. dollars per kilowatt hour.

Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour)

CharacteristicAluminiumCopperManganeseLithiumNickelCobalt
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Showing entries 1 to 5 (5 entries in total)
Statistic: Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour)

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Release date

June 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

LFP = lithium-iron-phosphate.
NCA = nickel-cobalt-aluminum.
NCM = nickel-cobalt-manganese.

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