By Prasad Nair
Posted on 11 Feb 2023
India is going the EV
way. Going by the rise in sales of two-wheelers and three-wheelers, a
significant proportion of vehicles on the roads will have lithium-ion
batteries.
Climate enthusiasts advocating
a cleaner atmosphere will be happy. However, there’s a new problem.
Lithium-ion battery
cells have a lifespan of five years. They last about 2,000 charging cycles.
When batteries reach the end of their lifespan what can be done? An increase in
electro-mobility and grid-scale energy storage applications calls for the
economic recycling of batteries.
Globally, car
manufacturers are preparing to scale down internal combustion engine cars.
According to research by Bloomberg, by around 2040, nearly two-thirds of the
global passenger car sales will be electric.
EVs are gaining
popularity and there’s no denying this fact. On several fronts, this is
happening. Automakers and governments around the world are pushing for
electrification in form of subsidies and policy measures. Discontinuation of
fuel vehicles is the goal.
The trend is widely
apparent as nations in Asia, Europe, and America are gasping for cleaner air.
Electrification of transport is seen as one of the means to achieve this. Automakers
are responding in kind by switching to the manufacturing of EVs.
Today, the battery is one prime constituent
in the manufacturing of EVs. Battery manufacturing is picking up steam. Some
years ago, there were very few factories that produced lithium-ion batteries.
Now there are many, some operational and some in the pipeline.
Apart from companies that are already
working in the battery manufacturing space, several start-ups are building new
battery capacities and expansions. China is a world leader in battery cell capacity,
and we are dependent on it.
Growth in scale and size of the battery
industry is leading to a steep decline in the prices of battery cells. Larger
factories with robust manufacturing processes and changing consumer perceptions
regarding battery cells are impacting raw material costs.
India is planning gigawatt-scale
manufacturing facilities to make its mark in the battery manufacturing space.
The country by securing robust supply chains and recycling capabilities may
emerge as an exporter of lithium-ion batteries.
One big challenge confronting India in this
journey is the dearth of raw materials that can meet domestic demand.
Additionally, there is great difficulty in mining the raw materials needed for
making batteries. Furthermore, processing the minerals leave behind hazardous
waste.
It is crucial to find a means for the
healthy recycling of lithium-ion batteries. Importantly this should be quicker
and more affordable so that EVs can be considered a safe bet in sustainable
development.