Recycling and second life use of lithium-ion batteries has been saved
Article
Recycling and second life use of lithium-ion batteries
Adoption of EVs Accelerates
As India moves towards the wide-scale adoption of Electric Vehicles (EVs), the demand for lithium-ion batteries will increase significantly in the next few decades.
In addition, the Central Electricity Authority (CEA) has projected requirement of 58 –108 GWh of Battery Storage Energy Systems (BESS) for grid scale stationary storage, largely to meet the grid’s flexibility needs.1