PARIS, Oct 19 — From ageing electric batteries to old engines to rearview mirrors, the auto industry is revving up its recycling efforts as it faces pressure to reduce its colossal carbon footprint.
How the auto industry will manage its electric transition is likely to be among the hot topics at the two-week COP26 climate summit hosted by Britain starting October 31. It is technologically possible to recover over 90 per cent of the metals used in batteries, but the effort is “limited by the lack of a strong economic driver or policy that could encourage the use of recycled materials,” the report said.
The company has pledged that 50 per cent of its battery components would be made from recycled materials by 2030.
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