Inventions for battery reuse and recycling increase more than 7-fold in last 10y
2 days ago
- #Clean Energy Innovation
- #Battery Recycling
- #Circular Economy
- Battery circularity inventions surged more than seven-fold in the last decade, driven by rising global battery demand and end-of-life batteries from EVs expected to increase from 1.2 million in 2030 to 14 million by 2040.
- Asia leads in battery circularity innovation, with Asian firms accounting for 63% of international patent families in 2023, while Europe shows significant growth, especially in collection and chemical transformation technologies.
- China dominates both battery metal refining and circularity, with its share of international patent families in circularity rising from 5% to 29% between 2013 and 2023, though European and other regions maintain presence.
- European innovation focuses on collection, remote handling, and hydrometallurgical extraction, supported by policies like the Batteries Regulation of 2023, aiming to strengthen industrial capacity and circular value chains.
- EPO and IEA report highlights patent trends, with battery circularity IPFs growing at 42% annually since 2017, and tools like the EPO’s Deep Tech Finder updated to profile European startups and universities in recycling.