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Dead batteries in Electric vehicles have become a source of concern

Dead batteries in Electric vehicles have become a source of concern

BYD, a Chinese EV manufacturer, approaches the United States with caution

BYD, a Chinese EV manufacturer, approaches the United States with caution

BOJ resists market expectations for policy changes, pushing the currency down

BOJ resists market expectations for policy changes, pushing the currency down

Data shows that US inflation cooling

Household wealth anticipation has declined, claim by global poll

Support measures push Japanese corporate bankruptcies to 50 year low

How is the bond yield controlled in Japan?

BOJ’s Kuroda signals readiness to extend pandemic-aid scheme

Policy takes the u-turn; BoJ’s yield curve may slip

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Global Business Review Magazine
Saturday, April 1, 2023
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Dead batteries in Electric vehicles have become a source of concern

Dead batteries in Electric vehicles have become a source of concern

The EU expects 30 million electric vehicles on European highways, in 2030. Electric vehicles (EVs) do not emit CO2 during service. But people fear about power loss in batteries.

EV components are identical to those used in conventional vehicles. But the battery is by far the most significant difference. Traditional lead-acid batteries can be recycled but lithium-ion batteries used in electric vehicles cannot be recycled.

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EV batteries are thicker and heavier than regular car batteries. It is made up of a slew of small lithium-ion cells that all have to be dismantled. They also contain poisonous chemicals. And because of this, they will burst if reassembled incorrectly. Dr. Anderson, co-director of the Birmingham Centre for Strategic Elements and Critical Materials noted that obtaining detailed figures would be difficult. This is regardless of whether the number everyone cites is around 5%, with some areas of the world having even lower numbers. And also, regardless of the percentage of lithium-ion batteries that are recycled.

EV manufacturers will be responsible for ensuring that their products are not simply discarded somewhere at the end of their useful lives. This is according to the European Union’s most recent guidelines. And then manufacturers are already preparing to meet this task. For example, Nissan has been retrofitting old Leaf batteries in automated vehicles that transport parts to factory workers.

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Recent News

BYD, a Chinese EV manufacturer, approaches the United States with caution

BYD, a Chinese EV manufacturer, approaches the United States with caution

BOJ resists market expectations for policy changes, pushing the currency down

BOJ resists market expectations for policy changes, pushing the currency down

Data shows that US inflation cooling

Household wealth anticipation has declined, claim by global poll

Support measures push Japanese corporate bankruptcies to 50 year low

How is the bond yield controlled in Japan?

BOJ’s Kuroda signals readiness to extend pandemic-aid scheme

Policy takes the u-turn; BoJ’s yield curve may slip

Asia shares falls on worries over inflation, Fed outlook

Stocks are calm ahead of a possible CPI hurricane

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

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  • BYD, a Chinese EV manufacturer, approaches the United States with caution
  • BOJ resists market expectations for policy changes, pushing the currency down
  • Household wealth anticipation has declined, claim by global poll
  • How is the bond yield controlled in Japan?
  • Policy takes the u-turn; BoJ’s yield curve may slip

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