Abstract
As the adoption of electric vehicles (EVs) accelerates, the efficient management of end-of-life lithium-ion (Li-ion) batteries becomes a pressing concern. This case study investigates sustainable second life approaches for Li-ion batteries within a leading manufacturing company in the heavy-duty vehicle industry. Employing an exploratory methodology, the study evaluates three distinct circularity approaches for second life applications: remanufacturing, repurposing, and reusing. Based on a financial model and sustainability metrics, remanufacturing emerged as the most economically viable and environmentally sustainable strategy for the company. The study also explores supplementary approaches, such as repurposing used batteries for smaller power applications and reusing them in large-scale Energy Storage Systems (ESS). Regulatory inconsistencies in battery second life are identified as a significant barrier to widespread implementation. The study concludes by advocating for a multi-stakeholder ecosystem approach and calls for the establishment of universal circularity regulations to streamline the second life of Li-ion batteries.
Original language | English |
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Pages (from-to) | 351-366 |
Number of pages | 16 |
Journal | Sustainable Production and Consumption |
Volume | 42 |
DOIs | |
Publication status | Published - Nov 2023 |
MoE publication type | A1 Journal article-refereed |
Keywords
- Battery circularity
- Battery second life
- Circular business models
- Circular economy
- Investment analysis
- Regulatory framework
- Stakeholder collaboration
- Techno-economic analysis