Circular solar powered battery

Are EV battery business models circular?

The paper provides visual representations of the necessary interactions and collaborations among companies in the EV battery ecosystem to effectively implement the proposed business model archetypes. This research contributes to the theory of circular business models in general, with specific relevance to EV battery circularity. 1. Introduction

Why is battery circularity important?

Achieving battery circularity is crucial for meeting the targets of net-zero emission vehicles by 2030 and enabling climate-neutral transportation by 2050. To facilitate this transition, firms operating in the electric vehicle (EV) battery ecosystem must reassess their value creation, capture, and delivery methods.

Should EV batteries be circular?

As millions of tons of EV lithium-ion batteries are currently approaching the end of their lifespan, it is imperative to preserve their value through a circular approach, which is crucial for achieving the objectives of climate-neutral electrification ( Aguilar Esteva et al., 2021; Bonsu, 2020; Albertsen et al., 2021 ).

Is circular solar PV a viable business model?

The success of circular business models stands or falls by the adoption of these models by customers, which confirms the need for exploring non-technical aspects of circular solar PV adoption, i.e., whether a business model is desirable, feasible, viable, next to more sustainable .

Which circular business models exhibit the highest potential for batteries?

Wrålsen et al. (2021) utilized the Delphi method to propose three circular business models that exhibit the highest potential for batteries: 1) remanufacture + reuse + recycle + waste management, 2) product life extension through durable design, update services, remanufacture, and 3) resource recovery of discarded materials.

What is a circular electric vehicle battery economy?

Professor Paul Shearing and Dr Anupama Sen introduce the Oxford Martin Programme on Circular Battery Economies Developing a circular electric vehicle battery economy mandates a multidisciplinary approach, balancing technical and social sciences, to ensure that proposed interventions are technically viable, sensitive, and people-centric.