Electric Vehicles Lithium Ion Battery Circularity – Mitigating Battery Second-life Challenges Through Sustainable Business Model Development
Saad Ahmed
Norwegian University of Science and Technology
The retired EV Lithium ion batteries (EV LIBS) can be repurposed for secondary applications before being recycled. These usually include stationary energy storage and can be applied in either household and/or industrial contexts. While recycling is considered paramount to ensure battery circularity. Developing sustainable business models (SBMs) comes forward as a possible approach to mitigate different challenges across the life cycle stages of the EV LiBs. These challenges include but are not limited to variable battery designs, inefficient recycling processes, economic, environmental, and technical feasibility and policy regulations. It aims to use the framework of SBM development to analyze current BM archetypes that may exist for the battery value chain and develop new ones. Moreover, it aims to understand the interactions between the BMS of stakeholders that take place in the value chain, and investigate the BM innovations it can lead to.