Global Electric Vehicle Battery Reuse Market Size study & Forecast, by Application, by Source (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle) and Regional Analysis, 2022-2029

Description

List of Tables

Global Electric Vehicle Battery Reuse Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The EV battery reuse market refers to the market for recycling and reusing batteries from electric vehicles (EVs) after they have reached the end of their useful life in the vehicles. EV batteries typically have a lifespan of 8-10 years, after which they may no longer be suitable for use in EVs due to reduced performance or capacity. However, the batteries may still have a significant amount of useful life left, particularly for applications that do not require the same level of performance as an EV. The major driving factors for Global Electric Vehicle Battery Reuse Market is increasing adoption of electric vehicles and rising demand for energy storage systems. Moreover, government incentives and rising initiatives by the key market players is creating lucrative growth opportunity for the market over the forecast period 2022-2029.

In 2021, the Biden Administration in the US announced a series of measures to support the adoption of electric vehicles, including incentives for consumers, investment in charging infrastructure, and support for domestic EV production. This is expected to boost the adoption of EVs in the US in the coming years, which is driving the demand for the battery reuse market. Along with this, in 2021, Chinese automaker BYD announced a partnership with EDF Renewables to reuse batteries from its electric buses for energy storage applications. The companies plan to repurpose the batteries for use in a stationary energy storage system in France. However, the high cost of Electric Vehicle Battery Reuse stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Electric Vehicle Battery Reuse Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is one of the leading markets for EV battery reuse due to the high adoption rate of electric vehicles in the region. The United States, in particular, is expected to be a major market for EV battery reuse, with several companies already offering battery reuse services and others planning to enter the market in the coming years. The region also has a favorable regulatory environment, with several states offering incentives for EV battery recycling and reuse. The Asia-Pacific region is expected to be the fastest-growing market for EV battery reuse, driven by the rapid adoption of electric vehicles in countries such as China, Japan, and South Korea. These countries are also major producers of EV batteries, which has led to the development of several battery reuse initiatives in the region. However, the regulatory environment for battery reuse in the region is still developing, which could be a challenge for the growth of the market.

Major market players included in this report are:

OCATVE BV
BatteryLoop
Connected Energy Ltd.
Moment Energy
Renault Group
Nissan Motor Co., Ltd.
Spiers New Technologies Inc.
RePurpose Energy Inc.
Tesla
Second Life EV Batteries Ltd.

Recent Developments in the Market:

In 2019, Tesla launched a battery recycling program called "closed-loop" recycling, which aims to reuse all of the materials in its batteries. The company also repurposes some of its used batteries for energy storage applications, such as its Powerwall and Powerpack systems.
In 2020, Nissan announced a partnership with 4R Energy Corporation to reuse EV batteries for energy storage applications. The companies plan to use second-life batteries in a variety of applications, including powering outdoor events and providing backup power for buildings.
In 2019, BMW launched a pilot project in Germany to reuse EV batteries for energy storage applications. The project involved repurposing batteries from BMW i3 vehicles for use in a stationary energy storage system at a BMW plant.

Global Electric Vehicle Battery Reuse Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Source, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Application:

Energy Storage
EV Charging
Base Stations
Low Speed Vehicles

By Source:

Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Electric Vehicle Battery Reuse Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Electric Vehicle Battery Reuse Market, by Application, 2019-2029 (USD Billion)
- 1.2.3. Electric Vehicle Battery Reuse Market, by Source, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Electric Vehicle Battery Reuse Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Electric Vehicle Battery Reuse Market Dynamics

3.1. Electric Vehicle Battery Reuse Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of electric vehicles
  - 3.1.1.2. Rising demand for energy storage systems
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Electric Vehicle Battery Reuse
- 3.1.3. Market Opportunities
  - 3.1.3.1. Government incentives
  - 3.1.3.2. Rising initiatives by the key market players

Chapter 4. Global Electric Vehicle Battery Reuse Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Electric Vehicle Battery Reuse Market, by Application

6.1. Market Snapshot
6.2. Global Electric Vehicle Battery Reuse Market by Application, Performance - Potential Analysis
6.3. Global Electric Vehicle Battery Reuse Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Electric Vehicle Battery Reuse Market, Sub Segment Analysis
- 6.4.1. Energy Storage
- 6.4.2. EV Charging
- 6.4.3. Base Stations
- 6.4.4. Low Speed Vehicles

Chapter 7. Global Electric Vehicle Battery Reuse Market, by Source

7.1. Market Snapshot
7.2. Global Electric Vehicle Battery Reuse Market by Source, Performance - Potential Analysis
7.3. Global Electric Vehicle Battery Reuse Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
7.4. Electric Vehicle Battery Reuse Market, Sub Segment Analysis
- 7.4.1. Battery Electric Vehicle (BEV)
- 7.4.2. Hybrid Electric Vehicle (HEV)
- 7.4.3. Plug-in Hybrid Electric Vehicle (PHEV)

Chapter 8. Global Electric Vehicle Battery Reuse Market, Regional Analysis

8.1. Electric Vehicle Battery Reuse Market, Regional Market Snapshot
8.2. North America Electric Vehicle Battery Reuse Market
- 8.2.1. U.S. Electric Vehicle Battery Reuse Market
  - 8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Source breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Electric Vehicle Battery Reuse Market
8.3. Europe Electric Vehicle Battery Reuse Market Snapshot
- 8.3.1. U.K. Electric Vehicle Battery Reuse Market
- 8.3.2. Germany Electric Vehicle Battery Reuse Market
- 8.3.3. France Electric Vehicle Battery Reuse Market
- 8.3.4. Spain Electric Vehicle Battery Reuse Market
- 8.3.5. Italy Electric Vehicle Battery Reuse Market
- 8.3.6. Rest of Europe Electric Vehicle Battery Reuse Market
8.4. Asia-Pacific Electric Vehicle Battery Reuse Market Snapshot
- 8.4.1. China Electric Vehicle Battery Reuse Market
- 8.4.2. India Electric Vehicle Battery Reuse Market
- 8.4.3. Japan Electric Vehicle Battery Reuse Market
- 8.4.4. Australia Electric Vehicle Battery Reuse Market
- 8.4.5. South Korea Electric Vehicle Battery Reuse Market
- 8.4.6. Rest of Asia Pacific Electric Vehicle Battery Reuse Market
8.5. Latin America Electric Vehicle Battery Reuse Market Snapshot
- 8.5.1. Brazil Electric Vehicle Battery Reuse Market
- 8.5.2. Mexico Electric Vehicle Battery Reuse Market
8.6. Rest of The World Electric Vehicle Battery Reuse Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. OCATVE BV
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. BatteryLoop
- 9.2.3. Connected Energy Ltd.
- 9.2.4. Moment Energy
- 9.2.5. Renault Group
- 9.2.6. Nissan Motor Co., Ltd.
- 9.2.7. Spiers New Technologies Inc.
- 9.2.8. RePurpose Energy Inc.
- 9.2.9. Tesla
- 9.2.10. Second Life EV Batteries Ltd.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Vehicle Battery Reuse Market, report scope
TABLE 2. Global Electric Vehicle Battery Reuse Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Electric Vehicle Battery Reuse Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Electric Vehicle Battery Reuse Market estimates & forecasts by Source 2019-2029 (USD Billion)
TABLE 5. Global Electric Vehicle Battery Reuse Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Electric Vehicle Battery Reuse Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Electric Vehicle Battery Reuse Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Electric Vehicle Battery Reuse Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Electric Vehicle Battery Reuse Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Electric Vehicle Battery Reuse Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Electric Vehicle Battery Reuse Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Electric Vehicle Battery Reuse Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Electric Vehicle Battery Reuse Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Electric Vehicle Battery Reuse Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Electric Vehicle Battery Reuse Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Electric Vehicle Battery Reuse Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Electric Vehicle Battery Reuse Market
TABLE 70. List of primary sources, used in the study of global Electric Vehicle Battery Reuse Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Electric Vehicle Battery Reuse Market, research methodology
FIG 2. Global Electric Vehicle Battery Reuse Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Vehicle Battery Reuse Market, key trends 2021
FIG 5. Global Electric Vehicle Battery Reuse Market, growth prospects 2022-2029
FIG 6. Global Electric Vehicle Battery Reuse Market, porters 5 force model
FIG 7. Global Electric Vehicle Battery Reuse Market, pest analysis
FIG 8. Global Electric Vehicle Battery Reuse Market, value chain analysis
FIG 9. Global Electric Vehicle Battery Reuse Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Electric Vehicle Battery Reuse Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Electric Vehicle Battery Reuse Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Electric Vehicle Battery Reuse Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Electric Vehicle Battery Reuse Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Electric Vehicle Battery Reuse Market, regional snapshot 2019 & 2029
FIG 15. North America Electric Vehicle Battery Reuse Market 2019 & 2029 (USD Billion)
FIG 16. Europe Electric Vehicle Battery Reuse Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Electric Vehicle Battery Reuse Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Electric Vehicle Battery Reuse Market 2019 & 2029 (USD Billion)
FIG 19. Global Electric Vehicle Battery Reuse Market, company Market share analysis (2021)