EV battery recycling becomes critical area for ongoing investments in automotive industry, says GlobalData
As the automotive industry accelerates its transition towards electric vehicles (EVs), the focus on sustainable practices has never been more critical. Central to this evolution is the lifecycle management of EV batteries, which poses both opportunities and challenges. As the future of the automotive industry is undoubtedly intertwined with the success of battery recycling, it has become a critical area for ongoing investment and development, says data and analytics company GlobalData.