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.

Cars that plug into power outlets rather than fill up at petrol stations are winning over more Australian drivers. After a slow start, electric vehicle sales doubled last year to nearly one in 10 new vehicles nationally.