Article

Your Old Phone's Battery Could Power Your Next Car

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AXIOS
November 17, 2022
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Summary

Audi dealers are starting to collect household electronics such as old laptops and phones so they can be recycled into electric car batteries, according to Axios.

Why it matters: With global demand for lithium-ion batteries expected to grow by more than 500% in the next decade, it's one way to help seed creation of a domestic battery supply chain as envisioned under the climate, health cost reduction and tax law enacted in August.

The big picture: Long term, the auto industry is aiming to create a closed-loop supply of critical battery materials that can be reused in new batteries, reducing the need for imports and avoiding further environmental damage from mining.

What's happening: The consumer recycling program is a partnership between Volkswagen Group of America and Redwood Materials, a battery recycling startup that has been sounding the alarm about a shortage of battery minerals to meet EV demand.

  • Redwood is already partnering with the German automaker to recycle end-of-life batteries from VW and Audi electric cars. It has similar arrangements with Toyota, Ford, Volvo and others.
  • This is the first time an automaker is collecting household lithium-ion batteries and rechargeable devices that can be recycled domestically to create new electric vehicle batteries.

Read more here.

AXIOS
AXIOS

We launched Axios in January 2017 based on this shared belief: The world needed smarter, more efficient coverage of the topics shaping the fast-changing world. We pledged to put our audience first, always.

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