What percentage of lithium batteries are recycled?
As electric vehicles and consumer electronics gain widespread use, the volume of spent lithium batteries continues to soar. A critical question arises for businesses and investors: What percentage of lithium batteries are recycled? Currently, the global recycling percentage of lithium batteries hovers around 40% to 50%. This means nearly half of all used lithium batteries end up in landfills or are improperly disposed of, leading to valuable resource waste and environmental risks from toxic substances like lead and cadmium. The low recycling percentage of lithium-ion batteries stems from a complex interplay of multiple factors. At the source, the comprehensive recycling system has yet to be established. Large quantities of waste batteries are scattered among consumers or discarded with ordinary waste, failing to enter proper recycling channels. Secondly, limitations and outdated technologies in lithium battery recycling processes contribute to the problem: traditional pyr...