North America EV Battery Recycling refers to the process of collecting, dismantling, and recovering valuable materials from used electric vehicle (EV) batteries in the North American region, including the United States, Canada, and Mexico. The goal of recycling is to reduce environmental impact, recover critical raw materials (such as lithium, cobalt, and nickel), and support the circular economy in the EV industry.
North America EV Battery Recycling Market Size Was Valued at USD 60.64 Million in 2023 and is Projected to Reach USD 2332.6 Million by 2032, Growing at a CAGR of 50.01% From 2024-2032.
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Segmentation Analysis of the Market
By Type
- Lithium-ion
- Lead Acid
- Others
By Source
- End of life
- Production Scrap
- By Vehicle Type
- Passenger Cars
- Buses
- Vans
- Others
Market Trend Analysis:
- Increasing adoption of lightweight materials
- Development of new battery chemistries
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Key Industry Developments in the Market:
- In January 2025, Toyota Motor North America received a $4.5 million grant from the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) initiative to advance EV battery recycling. The funding aimed to support the development of a circular domestic supply chain for electric vehicle batteries, promoting sustainability and reducing reliance on raw material imports. This initiative aligned with efforts to improve battery lifecycle management and establish eco-friendly practices in the EV industry, ensuring efficient reuse and recycling of critical battery components.
- In September 2024, Electra Battery Materials Corporation (“Electra” or the “Company”) announced a joint venture, Aki Battery Recycling, with Indigenous-owned Three Fires Group to responsibly recycle lithium-ion battery scrap and waste materials. Through this partnership, the companies aimed to produce battery black mass, which would then be sold to Electra’s refinery for the recovery of critical minerals, including lithium, nickel, cobalt, and others, essential for manufacturing new lithium-ion batteries.
Regional Analysis:
The United States leads the EV battery recycling market due to its advanced infrastructure, strict regulations, and sustainability efforts. The country has efficient recycling facilities and innovative technologies to recover lithium, cobalt, and nickel, reducing environmental hazards and promoting sustainability.Recycling EV batteries prevents toxic waste from contaminating soil and water while conserving finite resources. Government incentives, tax benefits, and strict disposal regulations further support the industry. Additionally, the U.S. reduces reliance on mining by reusing extracted materials, strengthening the domestic supply chain for future battery production.
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Strategic Points Covered in Table of Content of Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Market Landscape
Chapter Four: Market by Type
Chapter Five: Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
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