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Strengthening the US EV Battery Recycling Industry to Onshore Critical Material Supply

카테고리
국외자료
개인저자
Lewis (Zhaoyu) Wu, Tom Moerenhout
발행기관
CGEP
발행년월
2024.10
페이지수
11p
URL
요약
This commentary first discusses challenges facing the US battery recycling industry before outlining various policies currently supporting it, including recycling technology research, tax incentives, labor training, and battery recycling regulations. Additional policies could be applied to secure domestic feedstock, such as setting critical material recycling targets and establishing international recycling standards. Extended producer responsibility (EPR) for US-based EV makers to recycle retiring batteries could also propel the industry. Long-term success, however, will require mobilizing private capital to balance market forces with the need for securing critical materials.