In 2024, we performed a new analysis and the results indicate that EV batteries have improved significantly, degrading at 1.8 percent per year on average,” said the firm in t

These efforts are about to be given a big boost. Recent breakthroughs in recycling, together with a spate of technological improvements, mean that within a decade or so most of the global demand for raw materials to build new batteries could be met by recycling old ones.