Battery recycling could be the next investor darling of the EV era

Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling.
Suddenly awash in interest from EV makers and venture firms, the sector has seen a spate of partnerships and funding deals in the past 18 months.
The momentum appears to be building, as investor appetite in battery recycling intensifies, said Alex Smout, principal at InMotion Ventures, Jaguar and Land Rover’s venture capital arm whose portfolio includes Ascend Elements, formerly known as Battery Resourcers.
“The supply side of batteri

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