The circular economy of electric vehicle batteries : a Finnish case study
|Author:||Rönkkö, Pasi1; Majava, Jukka1; Hyvärinen, Tatu1;|
1Industrial Engineering and Management Research Unit, University of Oulu, P.O. Box 4610, 90014, Oulu, Finland
2Sustainable Chemistry Research Unit, University of Oulu, P.O. Box 4610, 90014, Oulu, Finland
|Online Access:||PDF Full Text (PDF, 0.9 MB)|
|Persistent link:|| http://urn.fi/urn:nbn:fi-fe2023061354405
|Publish Date:|| 2023-06-13
The automotive industry faces challenges because of the electrification of vehicles and the rapidly increasing need for electric vehicle batteries (EVBs). Raw materials availability is limited; however, there will also be a significant number of end-of-life (EOL) batteries. This creates various circular economy (CE) business opportunities for EVB manufacturers, third-party providers, and other stakeholders. However, not all CE solutions are sustainable or economically feasible. In this study, through the use of case studies, expert interviews, and a survey, we determined the current state of the EVB CE in Finland, the possible options for utilizing EOL vehicle batteries, and the greatest barriers for the EVB CE. We found that some EVB-related CE applications are not supported by the government and legislation, for example environmental regulations and building standards. CE opportunities include a shorter lead time for some components, which makes them attractive for EOL applications.
Environment systems & decisions
|Type of Publication:||
A1 Journal article – refereed
|Field of Science:||
512 Business and management
218 Environmental engineering
This research was funded by the Academy of Finland, InStreams profiling (Grant No. 326291).
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