In 2020, EV batteries available for recycling worldwide amounted to an estimated 250 kilotons. This figure is expected to increase more than seven-fold by 2030, as batteries in the market reach the end of their lifetime and demand for new batteries increases. By 2040, it is forecast that over 20 million tons of EV batteries will be available for recycling.
Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040
(in kilotons)
Characteristic
EV batteries supply in kilotons
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company. (March 13, 2023). Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040 (in kilotons) [Graph]. In Statista. Retrieved September 15, 2024, from https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/
McKinsey & Company. "Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040 (in kilotons)." Chart. March 13, 2023. Statista. Accessed September 15, 2024. https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/
McKinsey & Company. (2023). Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040 (in kilotons). Statista. Statista Inc.. Accessed: September 15, 2024. https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/
McKinsey & Company. "Supply of Ev Batteries for Recycling Worldwide in 2020, with a Forecast from 2025 to 2040 (in Kilotons)." Statista, Statista Inc., 13 Mar 2023, https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/
McKinsey & Company, Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040 (in kilotons) Statista, https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/ (last visited September 15, 2024)
Supply of EV batteries for recycling worldwide in 2020, with a forecast from 2025 to 2040 (in kilotons) [Graph], McKinsey & Company, March 13, 2023. [Online]. Available: https://www.statista.com/statistics/1415407/ev-battery-recycling-supply-worldwide/
