With the development of the market for lithium ion nickel metal hydride, Vancouver, British Columbia, a financial services firm Canaccord Adams is looking for new opportunities should battery for laptopappear recycling of lithium batteries and which companies are preparing to take advantage of.
Equity research analyst at Canaccord, said Eric Glover Clean Technology Group, the growth in the market today may be the price at the lithium potential and a substantial increase in hybrid and electric vehicles to markets.
“The main problem is that no major infrastructure, these battery recycling,” he said, citing the designated recycling lithium batteries used in the United States lack of facilities and electric hybrid vehicles.
Glover, one of the authors of the report released this week, Canaccord said that this is the first time the company has to consider recycling lithium battery market growth potential.
On the road most of the electric and hybrid vehicles to use, such as today’s Toyota Prius nickel-metal hydride batteries. However, with advances in technology, lithium batteries are becoming the preferred automotive industry, because they can be smaller, lighter, more power and potential.
There is no recovery of lithium battery market, with most consumer electronics products use a very small lithium batteries today. This is not currently an expensive metal, selling 1Dell Inspiron 1100 battery, Dell Inspiron 1150 battery, Dell Inspiron 1300 batterypound a few dollars, according to Canaccord.
“This is a market in its infancy,” he said.
With lithium-ion technology, the automobile industry, migration, recovery may become more favorable, and to propose new business opportunities.
“People think that the use of hybrid and electric car development is a green choice. But in the car at the end of life, is a toxic pile to be landfill,” he said.
Canaccord predicts that it will nickel and cobalt metal, they are using the lithium battery recycling opportunities.
Search Canaccord has been news Anaheim, California, the recovery of batteries Toxco triggered by the U.S. Department of Energy recently awarded 9.5 million U.S. dollars to build this will be the first U.S. a lithium battery recycling plant. Toxco operation of existing recycling lithium is located in British Columbia.
Last month, Toxco expressed its intention to construct and operate its existing Lancaster, Ohio, plant site. The plant is currently dealing with lead-acid batteries and nickel-metal hydride battery hybrid and electric car use.
Glover said that, like Tesla Motors has already recovered lithium-ion Toxco. Tesla has announced a battery to 7 years or 10 million miles in normal use (see the first Tesla Motors?).
Umicore is a limited recall of lithium in a pilot plant in Sweden-ion battery. With two Japanese companies, Nippon Mining & Metals Corporation and GS Yuasa plans to begin collecting wholesale electronics discarded lithium battery recycling aluminum hybrid and electric vehicles, lithium-ion batteries.
This year in July, Yuasa said that he hoped to increase ¥ 36,700,000,000 (397 million U.S. dollars) in the open market investing in production equipment, lithium-ion (see the U.S. dollar increased by Yuasa 397 meters on the development of lithium-ion).
Glover said, Canaccord also Johnson Controls, which is a global leader in lead-acid battery production to be discussed. The company recently began a hybrid lithium battery, and has access to public funds, producing nickel and cobalt battery cells (see Johnson Controls Automotive Battery scores $ 299M Department of Energy).
Johnson Controls has not yet decided whether they will in the domestic market, the development of lithium battery recycling, or they like Toxco outsourcing company, Glover said.
Canaccord said that about 97 percent of lead-acid battery recycling each year.
Glover said that the recovery of demand for lithium batteries is likely to come from state organs, similar to the local recycling of electronic waste. He said that countries should also provide subsidies and incentives to encourage businesses to recover lithium battery.
Many companies manufacture car batteries and the host car manufacturers should comply with these requirements, including Johnson Controls, LG Chemical, Panasonic and battery808 A123Systems, which listed on the Nasdaq Stock Market yesterday (see A123Systems as soon as possible after the Nasdaq composite index rose A123Systems restore IPO market).
A123 (Nasdaq: Aone) to enable the advanced batteries and lithium transport, electricity and the market for portable power lithium-ion battery system. A123, said it expects hybrid and electric vehicle market size from the current could be 70 million in 2012 to 50 billion U.S. dollars.