| Title | Pathways for enhancing sustainable mobility in emerging markets: Cost-benefit analysis and policy recommendations for recycling of electric-vehicle batteries in Thailand |
|---|---|
| ID_Doc | 27685 |
| Authors | Chaianong, A; Pharino, C; Langkau, S; Limthongkul, P; Kunanusont, N |
| Title | Pathways for enhancing sustainable mobility in emerging markets: Cost-benefit analysis and policy recommendations for recycling of electric-vehicle batteries in Thailand |
| Year | 2024 |
| Published | |
| Abstract | To transition towards sustainable mobility in emerging economies, fostering the use of electric vehicles (EVs) is required. This necessitates the development of an efficient management system for end-of-life (EoL) EV batteries under a circular economy principle. Using Thailand as a case study, this paper provides a holistic analysis by developing a Cost-Benefit Analysis (CBA) and deriving policy implications from the CBA results that consider stakeholder perspectives at the micro level and the uncertainties of future development. The findings suggest that the economies of scale (plant centralization) and the share of cathode chemistries play pivotal roles. In some cases, investment incentives may be required depending on the inflow of EoL batteries, technological advancements, and market volatility. A policy mix combining EoL volume-focused (i.e., enhancing battery collection rates/imports and establishing a clear policy roadmap for scaling up recycling operations) and monetary measures (i.e., taxes and financial subsidies) is essential to establish recycling facilities. |
Similar Articles
| ID | Score | Article |
|---|---|---|
611
|
Ahuja, J; Dawson, L; Lee, RB A circular economy for electric vehicle batteries: driving the change(2020)Journal Of Property Planning And Environmental Law, 12, 3 | |
| 10243
|
Yang, D; Wang, MX; Luo, FJ; Liu, W; Chen, LL; Li, X Evaluating the recycling potential and economic benefits of end-of-life power batteries in China based on different scenarios(2024) | |
| 20278
|
Chuang, YS; Cheng, HP; Cheng, CC Reuse of Retired Lithium-Ion Batteries (LIBs) for Electric Vehicles (EVs) from the Perspective of Extended Producer Responsibility (EPR) in Taiwan(2024)World Electric Vehicle Journal, 15, 3 | |
| 4350
|
Richa, K; Babbitt, CW; Gaustad, G Eco-Efficiency Analysis of a Lithium-Ion Battery Waste Hierarchy Inspired by Circular Economy(2017)Journal Of Industrial Ecology, 21, 3 | |
| 4369
|
Feng, JH; Guo, P; Xu, GY Barriers to electric vehicle battery recycling in a circular economy: An interpretive structural modeling(2024) | |
| 68078
|
Atanu, B; Asit, T; Padhy, RK; Gautam, A Evaluating the lithium-ion battery recycling industry in an emerging economy: A multi-stakeholder and multi-criteria decision-making approach(2022) | |
| 24235
|
Lima, MCC; Pontes, LP; Vasconcelos, ASM; Silva, WD; Wu, KL Economic Aspects for Recycling of Used Lithium-Ion Batteries from Electric Vehicles(2022)Energies, 15, 6 | |
| 17124
|
Jeppe, A; Proff, H; Eickhoff, M Economic Potentials of Ecologically Attractive Multi-Life Products-The Example of Lithium-Ion Batteries(2023)Sustainability, 15, 14 | |
| 12168
|
Mathew, G; Teoh, WH; Rahman, WMAWA; Abdullah, N Survey on actions and willingness towards the disposal, collection, and recycling of spent lithium-ion batteries in Malaysia(2023) | |
| 9657
|
Wei, L; Wang, CX; Li, YQ Governance strategies for end-of-life electric vehicle battery recycling in China: A tripartite evolutionary game analysis(2022) |