Writing for Forbes, Peter Evans PhD '05 identifies used electric vehicle (EV) batteries as the next billion-dollar circular marketplace, noting the possibility of significant search, bargaining and enforcement cost savings. Given large volumes of used batteries won’t be available soon, he acknowledges risk, but “creating a successful national circular EV battery marketplace can be not only a billion-dollar opportunity but an important step toward a more sustainable and resource-efficient future,” he argues.
In the MediaSeptember 9, 2024