GLG Network Survey: Battery Recycling II

SURVEY DETAILS

TARGET POPULATION

GLG surveyed 70 senior executives working with battery recycling companies across US, Europe, MENA and Asia.

What will you learn from this survey?

• The survey looked into the current perceptions, future prospects and profitability of the battery recycling industry.
• Respondents evaluated the battery collection process, the costs associated with it and where the responsibility of collection should fall.
• Furthermore, the survey also covered the various materials used in the recycling process and the costs attributed to these, as well as the current and future refurbishment trends across various regions, deep diving into the factors in favour and against it.

Example of findings:

• Majority of experts (43%) are expecting to see some profit from the industry by 2030.
• Over one-third (37%) of experts believe that OEMs should be responsible for the collection of batteries for recycling.
• One-in-three (29%) respondents believe that access to strategic materials/security of supply is the main demand driver of EV Battery Recycling.

DELIVERABLES

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Wim Cambien, former Development and Contract Manager for Battery Recycling, Umicore.

The standard deliverable includes:

• 1 x Individual responses (“raw data”) in Excel.
• 1 x PPT report with aggregated data.
• Executive summary with key takeaways and highlights from the raw data.

SAMPLE QUESTIONS

• To what extent do you agree with the following statement: “In the long term, battery recycling will be a highly profitable industry”?
• Within what timeframe do you expect the battery recycling industry to be profitable?
• In your view, who should predominantly have responsibility for collecting end of life EV batteries?
• From your experience, what is the cost of refining (in USD per kg of Nickel and Cobalt output)?
• Looking at portable batteries, in your view how should these be collected?
• Which of the following would you describe as the biggest influence on demand for EV battery recycling?
• To your knowledge, what percentage of the End-of-first-life EV batteries, are currently refurbished and go to a second life application, in the respective regions?

ACCESS

This survey is available to subscribers of the Energy and Industrials (EI) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER:

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.