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)
Characteristic
Aluminium
Copper
Manganese
Lithium
Nickel
Cobalt
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Statista. (June 28, 2021). Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/
Statista. "Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour)." Chart. June 28, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/
Statista. (2021). Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/
Statista. "Value of Recycled Electric Vehicle (Ev) Batteries in 2020, by Cathode Chemistry (in U.S. Dollars per Kilowatt Hour)." Statista, Statista Inc., 28 Jun 2021, https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/
Statista, Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour) Statista, https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/ (last visited July 27, 2024)
Value of recycled electric vehicle (EV) batteries in 2020, by cathode chemistry (in U.S. dollars per kilowatt hour) [Graph], Statista, June 28, 2021. [Online]. Available: https://www.statista.com/statistics/1246828/value-of-recycled-ev-batteries-by-battery-type/