The circular economy of electric vehicle batteries: a Finnish case study

Pasi Rönkkö (), Jukka Majava, Tatu Hyvärinen, Ilari Oksanen, Pekka Tervonen and Ulla Lassi
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Pasi Rönkkö: University of Oulu
Tatu Hyvärinen: University of Oulu
Ilari Oksanen: University of Oulu
Pekka Tervonen: University of Oulu
Ulla Lassi: University of Oulu

Environment Systems and Decisions, 2024, vol. 44, issue 1, 100-113

Abstract: Abstract The automotive industry faces challenges because of the electrification of vehicles and the rapidly increasing need for electric vehicle batteries (EVBs). Raw materials availability is limited; however, there will also be a significant number of end-of-life (EOL) batteries. This creates various circular economy (CE) business opportunities for EVB manufacturers, third-party providers, and other stakeholders. However, not all CE solutions are sustainable or economically feasible. In this study, through the use of case studies, expert interviews, and a survey, we determined the current state of the EVB CE in Finland, the possible options for utilizing EOL vehicle batteries, and the greatest barriers for the EVB CE. We found that some EVB-related CE applications are not supported by the government and legislation, for example environmental regulations and building standards. CE opportunities include a shorter lead time for some components, which makes them attractive for EOL applications.

Keywords: Circular economy; Vehicle battery; Reusing; Repurposing; Recycling; Electric vehicle (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10669-023-09916-z

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