Green Li-ion technology could be the solution to recycling lithium ion batteries - Business Insider

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Singapore-based startup Green Li-ion says its patented technology could be the solution to recycling lithium ion batteries. Presented by ING_News

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"For two decades, lithium-ion batteries of the kind you would find in laptops, smartphone, and now electric vehicles have been our preferred source of portable energy," Katal said."But the sad reality is that with a lifespan of only one to three years, 95% of these batteries end up as dangerous landfill. With current technology, it is simply not economical to recycle."

"With glass recycling or paper recycling you have a true circular economy and that is what we are doing with batteries," adds Katal.The environmental challenges faced by Green Li-ion and others is only going to become more pressing as more and more car owners turn to electric vehicles , which are almost exclusively powered by Li-ion batteries.

As early as 2018, the Chinese Ministry of Industry and Information Technology issued provisional regulations obliging EV manufacturers to establish a network for the collection and recycling of batteries. These regulations have since been updated, placing even more of the responsibility for recycling on to auto and battery manufacturers.

 

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