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The rapid adoption of electrical vehicles in Europe will generate a large amount of battery waste in the next decade. Although recycling these batteries could be a favourable solution, it is currently not profitable without regulatory intervention and no research is done to assess the economic viability in the future. This master’s thesis presents an outlook on the economic viability of recycling electrical vehicle batteries and the impacting factors. Using information from experts in combination with publicly available data, we construct the revenues and costs from scratch and bring them together in an economic model with three different scenarios. Firstly, even under pessimistic conditions, it is likely that the recycling of electrical vehicles batteries will become viable before the end of the decade. Secondly, the volume of batteries available to be recycled, the processing and investment costs, the battery composition and the recycling techniques have the most impact on the economic viability of recycling.
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