| Summary: | The burgeoning electric vehicle (EV) industry, despite addressing the climate concerns, also
faces challenges related to resource utilization and an increase in EV waste. To tackle these
issues, this study reviews the circularity framework within the EV sector, which promotes
better resource utilization through reuse and upcycling - a vital strategy for sustainability.
Furthermore, various countries have enacted recycling and research & development policies to
provide legal and policy support for advancing recycling technology. This report will explore
and compare different recycling technologies. Additionally, it includes an analysis with key
players in the EV industry to pinpoint the gaps in the EV materials chain and strategies to reduce
waste. Interviews with diverse EV stakeholders will offer insights into the innovative approaches
companies are adopting to address these challenges.
By adopting circular economy principles, the EV sector can serve as a blueprint for a sustainable
future, reducing its environmental impact and promoting a resource-efficient economy.
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