MELBOURNE, Australia, September 30, 2021 (GLOBE NEWSWIRE) – Automotive industry experts are pushing for a circular economy with batteries to prevent used lithium-ion batteries in electric vehicles from ending up in landfills. The environmental benefits of recycling these batteries are undeniable – but what about the economic costs? It is important to you Car recycling, leading provider of car recycling and Melbourne car relocation-wide, explained.
Australian mixer tap recycling company Envirostream has developed the technology to properly recycle used lithium-ion batteries from electric vehicles. Lithium Australia has applied for the necessary patents to use this technology and create a circular economy for electric vehicle batteries that would otherwise be dumped and landfilled. The recycling processes would result in low emissions and high yields, explains It Matters To You Car Recycling. This circular economy would help create a sustainable supply of the batteries needed to run electric vehicles.
The leading industrial associations Lithium Australia and Envirostream are striving to implement the processes as quickly as possible, as electric cars – i.e. lithium-ion batteries – are on the advance and the technology will soon be urgently needed in Australia. Envirostream has a facility that can successfully recycle lithium-ion batteries of commercial capacity – the only facility in Australia that has such capabilities. But It Matters To You Car Recycling explains that it’s not just environmental impact that matters.
A current industry analysis has shown that second-life battery applications may currently have little profit potential. However, It Matters To You Car Recycling argues that the automotive industry will begin to invest more in environmentally friendly strategies and technologies to contribute to the circular economy of batteries as sustainability becomes increasingly important to consumers and therefore businesses.
As governments talk about introducing programs to encourage the adoption of electric cars, such as Cash for cars, Melbourne motorists are increasingly choosing to buy electric vehicles. Experts estimate that by 2030 half of all vehicles on the roads will be electric, so the need to create a strong circular economy for batteries is growing day by day. Australia’s automotive industry needs to act quickly to ensure that disused lithium-ion batteries can be recycled and reused when existing electric vehicles need new batteries.
Contact us at – https://itmatterstoyou.com.au/
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