World Economic Forum β Powering the Future Overcoming Battery Supply
Summary
The report by World Economic Forum "Powering the Future Overcoming Battery Supply" explores challenges and solutions in the EV battery value chain.
This report identifies concerns within the electric vehicle (EV) battery value chain that contribute to negative environmental and social impacts. It outlines five key changes needed to foster a circular battery economy, including developing standardized track-and-trace platforms, setting design standards for recyclability, and advancing policies to overcome economic barriers in recycling. The report stresses the importance of creating regional value chains and responsible cross-border movement of batteries to enhance resilience and reduce emissions, ultimately enhancing the sustainability and socio-economic value of EV batteries.
Region:
Global
Published:
February 2025
Author(s):
World Economic Forum
Language:
English