This Week In Electric Vehicles – EV Battery Reuse: Powering A Sustainable Future

On Feb 7, 2025

The global market for electric vehicle (EV) battery reuse is anticipated to grow significantly, with projections estimating an increase from USD 625.1 million in 2024 to USD 5.6 billion by 2030. This expansion is attributed to the rising number of electric vehicles and the demand for more sustainable solutions, such as repurposing used EV batteries for secondary applications like energy storage. The reuse of EV batteries not only offers economic benefits by reducing the need for new raw materials but also aligns with global objectives to minimize electronic waste and promote a circular economy. Furthermore, advancements in predictive analytics and battery diagnostics, along with regulatory support, are driving investments and innovations in the EV battery reuse sector.

In other market news, Subaru was a standout up 9.6% and ending the day at ¥2,920. This week, Subaru increased its fiscal year dividend guidance to JPY 67.00 per share from JPY 48.00, indicating an updated shareholder return policy. Meanwhile, Volvo Car AB (publ.) lagged, down 11.1% to finish the session at SEK21.06, not far from its 52-week low. This week, Volvo reported an increase in full-year net income despite a drop in fourth-quarter net income.

Ford Motor’s focused EV strategy and high-margin software services aim to enhance profitability. Click here to explore the detailed narrative on the company’s strategic initiatives.

In our Market Insights series, we previously discussed the intersection of cybersecurity and electric vehicles, particularly focusing on the vulnerabilities that connected and autonomous vehicles introduce to the digital landscape, highlighting the increasing importance and opportunities for cybersecurity within the EV sector.

NIO ended the day unchanged at, $4.20.
Tesla finished trading at $374.32 down 1%. This week, an arbitrator ruled that Matthews can sell its DBE technology to customers other than Tesla.
Ford Motor finished trading at $9.26 down 7.5%, hitting its 52-week low. On Thursday, the company announced executive reshuffles, including Gjaja becoming chief strategy officer and Frick assuming the presidency of Ford Blue and Model e.

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Companies discussed in this article include TSE:7270 NYSE:NIO NasdaqGS:TSLA NYSE:F and OM:VOLCAR B.

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