Policy recommendations to enhance circular economy of LIBs in an emerging economy
Tushar Gahlaut () and
Gourav Dwivedi
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Tushar Gahlaut: Indian Institute of Technology, Delhi
Gourav Dwivedi: Indian Institute of Technology, Delhi
Environment Systems and Decisions, 2024, vol. 44, issue 2, 398-411
Abstract:
Abstract With the rise of e-vehicles there is a rapid growth in the use of lithium-ion batteries (LIBs) throughout the world. Thus, there is rapid depletion of lithium and other rare earth metals for manufacturing of LIBs. As a result, it has become extremely important to develop and sustainably implement circular economy (CE) of LIBs throughout the world. We conducted semi-structured interviews with various organisations working on the development of LIBs to investigate the current policies and practices in the CE of LIBs. We considered India as a focus country due to its large potential market and diversity in context of LIBs. This helped us to investigate various impacts and dynamics in the political and practical field. The results helped in recommending certain policies that should be adopted by the Government of India to enhance CE of LIBs in the nation. These policies will help in the sustainable usage of resources used to manufacture LIBs.
Keywords: Electric vehicle batteries; Circular economy; Recycling; Lithium-ion batteries (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10669-023-09941-y
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