Connect with us

Technology

EV Battery Recycling Market to Reach USD 19.0 Billion by 2033, CAGR 45.0%, Creating Multi-Billion-Dollar Opportunity for Battery Recycling Companies

Published

on

Growing Demand for Sustainable Battery Management, Critical Mineral Recovery, and Circular Economy Initiatives Continues to Drive Industry Expansion

SAN FRANCISCO, June 21, 2026 /PRNewswire/ — The global electric vehicle (EV) battery recycling market is witnessing unprecedented momentum as governments, automakers, battery manufacturers, and sustainability stakeholders intensify efforts to establish circular supply chains for critical battery materials. According to the latest industry analysis by Grand View Research, the global EV battery recycling market was valued at USD 1.0 billion in 2025 and reached USD 1.4 billion in 2026. The market is projected to expand to USD 19.0 billion by 2033, registering a robust compound annual growth rate (CAGR) of 45.0% from 2026 to 2033.

The rapid expansion of electric mobility worldwide, combined with increasing concerns over critical mineral availability, battery waste management, and environmental sustainability, is transforming EV battery recycling from a supporting industry into a strategic pillar of the global energy transition.

Battery Recycling Emerges as a Critical Component of the EV Value Chain

As electric vehicles continue gaining market share across major economies, the volume of batteries approaching end-of-life is expected to increase significantly over the coming years. This growing battery inventory is creating substantial opportunities for recyclers, material recovery companies, and technology providers.

Battery recycling enables the recovery of valuable materials including lithium, cobalt, nickel, copper, and other strategic metals that can be reintroduced into battery manufacturing processes. This closed-loop approach not only reduces dependence on virgin raw materials but also supports sustainability goals established by governments and corporations worldwide.

Industry participants are increasingly investing in advanced recycling technologies capable of maximizing recovery rates while reducing environmental impact. These developments are expected to improve the economic viability of recycling operations and strengthen supply chain resilience across the battery ecosystem.

Get Free Sample of this Research Report for more Latest Industry Insights

Increasing Regulatory Support Drives Industry Expansion

Government regulations and sustainability mandates are becoming major growth catalysts for the EV battery recycling industry. Policymakers across North America, Europe, and Asia Pacific are implementing frameworks designed to improve battery collection, material recovery, and waste management practices.

These initiatives aim to reduce landfill waste, minimize environmental risks associated with battery disposal, and ensure responsible management of critical resources required for future electrification efforts.

As environmental regulations continue to evolve, manufacturers are increasingly integrating recycling partnerships into their long-term supply chain strategies. This trend is expected to create significant opportunities for battery recyclers and technology developers over the forecast period.

Asia Pacific Leads Global Market Growth

Asia Pacific emerged as the largest regional market, accounting for 43% of global revenue in 2025. The region’s leadership position is supported by extensive EV manufacturing activity, large-scale battery production facilities, and strong government support for electrification initiatives.

Countries such as China, India, Japan, and South Korea continue to invest heavily in battery manufacturing and recycling infrastructure, creating a favorable environment for long-term market growth.

The region’s dominance is further strengthened by the presence of major battery producers and automotive manufacturers seeking sustainable solutions for battery lifecycle management.

Lithium-Ion Batteries Dominate Recycling Demand

By battery type, lithium-ion batteries accounted for the largest revenue share of 60%% in 2025. The segment’s dominance reflects the widespread use of lithium-ion technology across passenger electric vehicles, commercial EVs, and energy storage applications.

Lithium-ion batteries are increasingly preferred due to their high energy density, chemical stability, and performance characteristics. As global EV adoption accelerates, the volume of lithium-ion batteries entering the recycling stream is expected to rise substantially.

This trend is encouraging recycling companies to invest in specialized technologies designed to efficiently recover high-value materials from lithium-ion battery systems.

Production Scrap Represents the Largest Source Segment

The production scrap segment accounted for 73% of total market revenue in 2025, making it the leading source category within the EV battery recycling market.

Growing battery manufacturing activity across major economies has resulted in increased volumes of production scrap generated during cell and battery pack manufacturing processes. These materials provide recyclers with an immediate and reliable feedstock source while supporting circular manufacturing objectives.

As battery gigafactory investments continue expanding worldwide, production scrap is expected to remain a significant contributor to recycling volumes throughout the forecast period.

Passenger Cars Account for the Largest Market Share

Passenger cars represented the dominant vehicle segment, accounting for 80% of market revenue in 2025. The segment’s leadership is directly linked to rising consumer adoption of electric passenger vehicles and increasing investments by automotive manufacturers in EV production.

Government incentives, emissions reduction targets, and advancements in battery technology continue to drive demand for electric passenger cars globally. As these vehicles reach the end of their battery lifecycle, recycling demand is expected to increase substantially.

The growing passenger EV fleet is anticipated to remain one of the most influential factors shaping future market expansion.

Browse more EV Industry Research Reports by Grand View Research

Industry Participants Focus on Innovation and Capacity Expansion

The competitive landscape is evolving rapidly as recycling companies, battery manufacturers, and technology providers pursue expansion opportunities across the value chain.

Key market participants are focusing on:

Advanced material recovery technologiesExpansion of recycling capacityStrategic partnerships with OEMs and battery producersDevelopment of closed-loop recycling systemsGeographic expansion into emerging EV markets

These initiatives are expected to strengthen supply chain efficiency while supporting the industry’s long-term sustainability objectives.

Outlook: Circular Battery Economy Becomes a Strategic Priority

The future of the EV battery recycling market will be shaped by continued growth in electric vehicle adoption, increasing demand for critical minerals, and expanding regulatory support for circular economy initiatives.

As the global transportation sector continues its transition toward electrification, battery recycling is expected to play an increasingly important role in securing raw material supplies, reducing environmental impact, and improving resource efficiency.

With market revenue forecast to reach USD 19.0 billion by 2033 and a projected CAGR of 45.0%, EV battery recycling is positioned to become one of the fastest-growing segments within the broader clean energy and sustainable mobility ecosystem.

To learn more about growth opportunities in the Electric Vehicle Battery Recycling Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore NeoImpact – Sustainability Intelligence Solution for Private Markets – Automating sustainability data, reporting, and risk intelligence across portfolios and enterprises.

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
Blog – https://globalindustryherald.com/
GVR Market Research Blogs – https://www.grandviewresearch.com/blogs

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/ev-battery-recycling-market-to-reach-usd-19-0-billion-by-2033–cagr-45-0-creating-multi-billion-dollar-opportunity-for-battery-recycling-companies-302805496.html

SOURCE Grand View Research, Inc

Continue Reading

Technology

Submarine Networks World x Subsea Security World 2026 – enacting GUIDE starts here!

Published

on

By

Submarine Networks World x Subsea Security World 2026: the flagship annual event for the global subsea industry returns to Singapore

SINGAPORE, Sept. 10, 2026 /PRNewswire/ — Submarine Networks World 2026 (organised by Terrapinn), steps up another level and will be welcoming over 1,500 subsea fibre leaders and 150+ industry speakers from across the globe to Sands EXPO & Convention Centre in Singapore on September 23rd and 24th.

The introduction of the new Subsea Security World theatre, focused on the biggest talking point of the last twelve months, increases attendance and participation from security sector specialists, national and regional government entities, navy, coastguard, policymakers and academics from the Americas, Europe, Asia, Oceania.

“Subsea cables connect the world and protecting them has never mattered more. With the launch of Subsea Security World alongside our flagship event, 2026 brings together the commercial and security sides of the industry in one place for the first time. We’re thrilled to welcome back the global subsea community, as well as the policy makers and defence specialists shaping its future, to Singapore for what will be the largest edition yet, and the edition the industry has been waiting for”, Paul Clark, Managing Director (Asia), Terrapinn.

Everyone from cable owners/operators, consortium members, technology providers, innovators, consultants, service partners, government entities, financiers, surveying companies – the whole industry – will be onsite at the true ‘one-stop shop’ for any subsea cable project.

Meet with more than 80 sponsors, exhibitors and partners, including Title Sponsor – Nokia, Diamond Sponsors – Ciena and HMN Tech and Gold Sponsors ASN, APTelecom, BAE Systems, Center3, Digital Realty, EXFO, FiberHome, Fibersense, Huawei, Prysmian, ShinewayTech, SMD, Solwake, Starboard Maritime Intelligence and Telecom Egypt.

Attendees will hear from 150+ influential speakers from every inhabited continent around the world. Both mornings begin with the daily Keynote sessions, followed by 4 specialist theatres each day – Strategy, Cable, Data Centres & CLS, Network, O&M and Subsea Security World.

Keynote Speakers include:

Alan Mauldin, Research Director, TeleGeography Andy Palmer-Felgate, Submarine Cable Engineer, MetaGiuseppe Valentino, VP Product Management, Backbone & Infrastructure Solutions, SparkleNelson McMillan, Royal Navy Maritime Domain Awareness Adviser, Southeast Asia, UK Ministry of DefenceKent Bressie, Partner – HWG LLP / Legal Advisor, ICPC Nadia Krivetz, Director, Cable Resilience & Connectivity Centre, DFAT AustraliaCaptain Brett Dawe, Chief of Navy Liaison Officer to the Republic of Singapore Navy, Royal Australian NavySean Bergin, President & Co-Founder, APTelecomBevan Slattery, Founder, SUBCOMark Procter, Deputy CEO, Stavian HighTech InfrastructureAmbrogio Michetti, Chief Corporate & Revenue Officer, SparkleAmajit Gupta, Group CEO and MD, LightstormJim Fagan, Chief Executive Officer, EXA InfrastructureSasha Pearson, Policy Analyst, European Centre for Development Policy Management (ECDPM)Woon Sien Loh, Senior Director, Infrastructure Planning & Market Development, Info-Communications Media Development Authority (IMDA)Emily Kiernan, Head of Strategy and Investments, Telstra Digital InfrastructureRobert Pepper, Senior Fellow, Global Digital Inclusion PartnershipWalid Wakim, Chief Technology Officer of Systems, NokiaSavy Wei, Senior Network Solution Manager, HMN TechAmit Malik, Vice President, APJI Sales, Ciena

For event information and the full conference agenda, visit https://www.terrapinn.com/ExperienceSNW2026

PRNewswire is the Official Media Partner of Submarine Networks World x Subsea Security World 2026.

Press attendance is complimentary. Enquiries should be directed to:
Jessica Foong
Terrapinn Pte Ltd
Jessica.foong@terrapinn.com

About Submarine Networks World x Subsea Security World 2026:
Submarine Networks World x Subsea Security World 2026 will take place on 23-24 September 2026 at Sands Expo & Convention Centre in Singapore. Firmly established as the world’s largest annual gathering of the global subsea communications community, Submarine Networks World is the dedicated platform to exchange knowledge, explore the latest projects, develop strategies and form lucrative new partnerships to drive the industry forward. For 2026, Subsea Security World joins the event for the first time, bringing together the public, private and policy-making stakeholders shaping the future of cable security and protection.

About Terrapinn: 
Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce a product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/submarine-networks-world-x-subsea-security-world-2026–enacting-guide-starts-here-302875034.html

SOURCE Terrapinn Pte Ltd

Continue Reading

Technology

Iyuno’s Strategic Approach: Multi-Agent AI, Built Around Context

Published

on

By

Specialized AI agents are becoming an industry-wide shift. Iyuno applied that approach to one of media’s hardest problems: giving AI a memory that holds up across scenes, episodes, and seasons.

BURBANK, Calif., Sept. 10, 2026 /PRNewswire/ — Iyuno, the world’s largest media localization company, today detailed the multi-agent engineering behind CLOE’s Contextual Memory, built on the belief that applying specialized AI agents to a narrow, well-defined problem outperforms brute-force scale.

Most enterprise AI deployments chase scale — bigger models, bigger context windows, bigger compute bills — and still lose narrative continuity across long-form video. CLOE takes a different approach, built on three principles:

Vertical Multi-Agent Orchestration. Instead of one monolithic model, a network of hyper-specialized micro-agents each performs a specific function, such as character relationship mapping, emotional intent, prosodic matching, or brand compliance, instead of relying on a single system to perform every task.High-Density, Low-Token Prompting. Raw video, audio, and script are synthesized into a structured knowledge graph first; agents work from compressed, high-signal context vectors instead of massive raw inputs, cutting token consumption and inference cost per title.Persistent Graph Memory. Agent outputs converge into one persistent ontology graph instead of being discarded after each task, so understanding compounds across a title, season, or franchise without compounding inference cost.

“Our focus was never building the biggest AI system—it was building the right one for media,” said David Lee, Founder & CEO of Iyuno. “For a broad, general-purpose problem, bigger models and more compute make sense. For a specialized domain like entertainment, that scale doesn’t buy you the thing that actually matters: narrative continuity. Specialized agents working off precise, high-density context get us state-of-the-art understanding at a fraction of the footprint, and that footprint doesn’t grow with catalog size the way monolithic approaches do. Every title we process makes the graph more capable, not more expensive to run.”

This architecture already runs Iyuno’s commercial suite: CLOE Enterprise (SaaS), CLOE Sub, CLOE Script, CLOE Dub, and CLOE Live — in live studio and streaming production today. Future announcements will detail how it extends into CLOE Skills across accessibility, marketing, and additional workflows.

About Iyuno

Iyuno (www.iyuno.com) is a leading provider of localization services for the media and entertainment industry. Trusted by top entertainment brands and creators worldwide, Iyuno offers comprehensive end-to-end localization services from 40 offices across 29 countries. Backed by a team of exceptional creative and technical talent, state-of-the-art facilities, and cutting-edge technologies, Iyuno proudly boasts the largest global footprint amplifying its dubbing, subtitling and media services offerings. The company is also the creator of CLOE, a contextual intelligence platform that transforms content into structured understanding, enabling AI-powered workflows across localization, accessibility, marketing, and emerging content experiences.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/iyunos-strategic-approach-multi-agent-ai-built-around-context-302875036.html

SOURCE Iyuno

Continue Reading

Technology

Nel ASA: Enters framework agreement with Hydrasun as a European integration partner for PEM electrolyser solutions

Published

on

By

OSLO, Norway, Sept. 10, 2026 /PRNewswire/ — Nel ASA (Nel) (OSE: NEL) has entered into a framework agreement with Hydrasun to establish dedicated assembly and integration capabilities for the MC Series, Nel’s modular and scalable PEM technology platform. With this partnership, Nel gains an experienced integration partner in Europe, complementing its existing integration setup in the US and widening its delivery capabilities for the European market. Nel’s PEM stack production will continue at Nel’s Wallingford, Connecticut facility in the US.

Under the agreement, Hydrasun will develop production capabilities for the assembly and integration of Nel’s containerized PEM technology platform. Hydrasun will procure, integrate, and manufacture the balance of plant systems surrounding the electrolyser stack, enabling delivery of a fully integrated, modular, and containerized electrolyser offering, while stack production continues to be done by Nel from its Wallingford facility. The collaboration gives Nel an experienced integration partner in Europe at a time of growing demand for standardized, modular electrolyser solutions. It will expand Nel’s manufacturing flexibility and strengthen supply chain resilience, while bringing production capabilities closer to key growth markets. Hydrasun’s initiative is supported by the Scottish Government’s Just Transition Fund and will see Hydrasun invest in and upgrade its Aberdeen facilities to support clean technology manufacturing.

“This agreement marks a defining moment in Hydrasun’s evolution. For 50 years we’ve supported the energy industry in the areas of fluid transfer, power and control solutions, and clean energy, this investment builds directly on that industrial capability,” says James Gaskell, Chief Executive at Hydrasun. “Establishing Scotland’s first electrolyser assembly and integration facility is a proud milestone for the company and an important step forward for Aberdeen’s energy sector more broadly, ensuring the city has genuine clean energy manufacturing capability.”

The project is expected to contribute to the development of Scotland’s clean energy manufacturing sector by building on existing industrial competence in Aberdeen, supporting skills development, supply chain activity, and high-value employment. Hydrasun has stated that the initiative has the potential to create up to 12 new jobs while safeguarding a further 11 existing roles.

“We are pleased to be working with Hydrasun to establish an experienced European integration partner for our standardized PEM electrolyser solutions, the MC Series. As demand for standardized, modular systems grows, this collaboration enhances our ability to serve key markets while creating greater flexibility and scalability across our production network,” says Tushar Ghuwalewala, SVP PEM Operations at Nel.

For additional information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com 

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in PEM and Alkaline electrolyser technology for production of renewable hydrogen. Nel’s product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–enters-framework-agreement-with-hydrasun-as-a-european-integration-partner-for-pem-electrol,c4392033

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/nel-asa-enters-framework-agreement-with-hydrasun-as-a-european-integration-partner-for-pem-electrolyser-solutions-302875040.html

Continue Reading

Trending