A circular economy for electric vehicle batteries: driving the change. Issue 3 (24th August 2020)
- Record Type:
- Journal Article
- Title:
- A circular economy for electric vehicle batteries: driving the change. Issue 3 (24th August 2020)
- Main Title:
- A circular economy for electric vehicle batteries: driving the change
- Authors:
- Ahuja, Jyoti
Dawson, Louis
Lee, Robert - Abstract:
- Abstract : Purpose: With the UK's accelerating plans to transition to electric mobility, this paper aims to highlight the need for policies to prepare for appropriate management of electric vehicle (EV) lithium-ion batteries (LIBs) as they reach the end of their life. Design/methodology/approach: This is a regulatory review based on projections of EV LIBs coming off the market and associated problems of waste management together with the development of a servitisation model. Findings: Circular economy in EV LIBs is unlikely to shape itself because LIB recycling is challenging and still in development. LIB volumes are insufficient for recycling to be currently profitable, and a circular economy here will need to be driven by regulatory intervention. Ignoring the problem carries potentially high environmental and health costs. This paper offers potential solutions through new EV ownership models to facilitate a circular economy. Research limitations/implications: The authors suggest a new EV ownership model. However, despite environmental benefits, re-shaping the fundamentals of market economies can have disruptive effects on current markets. Therefore, further exploration of this topic is needed. Also, the data presented is based on future projections of EV markets, battery lifespan, etc., which are uncertain at present. These are to be taken as estimates only. Originality/value: The paper proposes regulatory interventions or incentives to fundamentally change consumer ideasAbstract : Purpose: With the UK's accelerating plans to transition to electric mobility, this paper aims to highlight the need for policies to prepare for appropriate management of electric vehicle (EV) lithium-ion batteries (LIBs) as they reach the end of their life. Design/methodology/approach: This is a regulatory review based on projections of EV LIBs coming off the market and associated problems of waste management together with the development of a servitisation model. Findings: Circular economy in EV LIBs is unlikely to shape itself because LIB recycling is challenging and still in development. LIB volumes are insufficient for recycling to be currently profitable, and a circular economy here will need to be driven by regulatory intervention. Ignoring the problem carries potentially high environmental and health costs. This paper offers potential solutions through new EV ownership models to facilitate a circular economy. Research limitations/implications: The authors suggest a new EV ownership model. However, despite environmental benefits, re-shaping the fundamentals of market economies can have disruptive effects on current markets. Therefore, further exploration of this topic is needed. Also, the data presented is based on future projections of EV markets, battery lifespan, etc., which are uncertain at present. These are to be taken as estimates only. Originality/value: The paper proposes regulatory interventions or incentives to fundamentally change consumer ideas of property ownership for EVs, so that EV automotive batteries remain the property of the manufacturer even when the consumer owns the car. … (more)
- Is Part Of:
- Journal of property, planning and environmental law. Number 12:Issue 3(2020)
- Journal:
- Journal of property, planning and environmental law
- Issue:
- Number 12:Issue 3(2020)
- Issue Display:
- Volume 12, Issue 3 (2020)
- Year:
- 2020
- Volume:
- 12
- Issue:
- 3
- Issue Sort Value:
- 2020-0012-0003-0000
- Page Start:
- 235
- Page End:
- 250
- Publication Date:
- 2020-08-24
- Subjects:
- Circular economy -- Battery leasing -- Battery regulation -- Circular economy in EV batteries -- EV policy -- Lithium ion batteries
Building laws -- Periodicals
Construction industry -- Law and legislation -- Periodicals
Planning -- Law and legislation -- Periodicals
Real property -- Periodicals
346.04 - Journal URLs:
- http://www.emeraldinsight.com/ ↗
https://www.emeraldinsight.com/loi/jppel ↗ - DOI:
- 10.1108/JPPEL-02-2020-0011 ↗
- Languages:
- English
- ISSNs:
- 2514-9407
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 22192.xml