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This Week In Electric Vehicles - EV Battery Recycling Market Poised for Explosive Growth

The global electric vehicle (EV) battery recycling market is anticipated to experience significant growth, projected to expand from USD 0.54 billion in 2024 to USD 23.72 billion by 2035, driven by a substantial compound annual growth rate of 40.9%. This growth trajectory is fueled by advanced recycling technologies such as hydrometallurgy and direct recycling, which are improving material recovery efficiency crucial for battery production. Strategic partnerships among automakers, battery...