Under this latest agreement, Ecobat will collect EV batteries to recycle lithium-ion battery materials. The company will collect high-voltage batteries from dealers, distributors, and end-of-life recycling centres using Ecobat’s ADR compliant vehicles. Batteries will be processed at Ecobat’s new UK lithium-ion recycling centre.
When the third-party recycler and the manufacturer reach an alliance, the battery supplier should establish a direct recycling channel to achieve an optimal recycling quantity. In the emerging recycling market, the battery supplier should increase a direct recycling channel.
This result further shows that he and she jointly recycled power batteries is also an important measure to promote the sustainable development of power batteries CLSC. That is to say, the government must stipulate her to be responsible for recycling batteries, and he should also bear part of the responsibility for battery recycling.
(this means the recycling quantity exceeds the recycling quota), the battery supplier will be rewarded, which is equivalent to a subsidy. When (this means the recycling quantity is less than the recycling quota), the battery supplier will be penalized.
Gu et al. (2017) found that consumer subsidies and battery recycling rates are positively correlated with the optimal output of EV manufacturers. Chai et al. (2021) found that government subsidy can encourage manufacturers to adopt cooperative mechanisms and benefit the battery recycling.
Both the channel encroachment and subsidy strategies are conducive to promoting battery recycling, where the channel cost and the subsidy level are key factors affecting enterprise profits and social welfare. And high subsidies are always conducive to battery recycling, but this will undoubtedly bring severe fiscal stress to the government.
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Live ChatAbstract: The growth of demand for power batteries will be inevitably driven by the rapid development of the new energy vehicle, and the derivative problem of battery recycling is becoming more and more prominent. However, multiple stakeholders are involved in the recycling process of power battery, and there are many problemssuch as unclear definition of recycling …
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Live ChatThis paper contributes to a more responsible, transparent, and sustainable battery recycling system by integrating ESG improvements and due diligence into the closed …
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