Webinar: Trends for Economic Development of Second-Life EV Batteries
Dec 20, 2024
Julie Martin
![Charging the batteries of the elecric motor. Disassembling the battery of an electric vehicle engine. Car service](http://idtxs3.imgix.net/si/40000/E0/A0.png?w=200&h=150&fit=fill&bg=ffffff&border=0&q=50)
Webinar Title: Navigating Emerging Trends for the Economic Development of Second-Life EV Batteries
Date: Thursday 9 January 2025
Presenter: Conrad Nichols, Senior Technology Analyst at IDTechEx
Space is limited - book your seat today!
IDTechEx forecasts that by 2035, the second-life electric vehicle (EV) battery market will be valued at US$4.2B.
Giving EV batteries a second life maximizes their value, extends their lifetime before recycling, and contributes to a circular battery economy. However, first-life Li-ion battery energy storage system (BESS) prices have continued to reduce, which has made it increasingly difficult for repurposers to offer their second-life BESS technologies at cost competitive prices. Moreover, the lack of policies to incentivize the development of second-life EV battery technologies, and high costs of repurposing have led to only steady market growth in recent years across Europe and the US.
With the limited volume of retired EV batteries currently available, repurposers have primarily manufactured second-life EV battery storage technologies for commercial and industrial (C&I) customers, who may be using them for optimization of renewable energy self-consumption, peak shaving, and EV charging. While the availability of retired EV batteries is a crucial factor for enabling future second-life EV battery market growth, repurposers will also have to take advantage of emerging technologies and trends across EV, battery, and advanced battery testing markets to bring their costs of repurposing down.
This webinar, presented by Senior Technology Analyst Conrad Nichols, provides a comprehensive overview of the second-life EV battery market. This webinar provides key insights in second-life EV battery technologies, applications, regional activity, and trends that will influence the economic development of second-life EV batteries in the future. This webinar draws upon research from IDTechEx's new report, "Second-life Electric Vehicle Batteries 2025-2035: Markets, Forecasts, Players, and Technologieshttps://www.idtechex.com/en/research-report/second-life-electric-vehicle-batteries-2025-2035-markets-forecasts-players-and-technologies/1056}}".
This webinar will cover:
- Applications of second-life electric vehicle batteries
- Overview of the global second-life electric vehicle battery market, including commentary on key players, regional activity, and an introduction to policies
- Discussion on cost bottlenecks identified by IDTechEx in the second-life battery repurposing process, informed by primary interviews with key repurposers
- Emerging trends to impact repurposing costs and economic development of second-life EV batteries. This includes business-to-business (B2B) battery marketplaces, advanced battery testing / grading / diagnostics technologies, semi-automated EV battery disassembly technologies, EV battery trends, and revenue sharing business models
- IDTechEx's outlook and conclusions on the global second-life EV battery market
Register Your Free Place
We will be holding exactly the same webinar three times in one day. Please register for the session most convenient for you.
Date: Thursday 9 January 2025
Duration: Approx. 30 Minutes
Please click here to check timings and register for your specific time zone.
If you are unable to make the date, please register anyway to receive the links to the on-demand recording (available for a limited time) and webinar slides as soon as they are available.
About IDTechEx
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.
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