Future research endeavors could broaden the analysis scope to encompass the potentially integrated EV battery market in Middle Eastern countries neighboring the UAE (e.g., Saudi Arabia and Qatar). Additionally, another further study could involve advanced uncertainty modeling within market contexts.
Following a prior study (Nguyen-Tien et al., 2022), the average lifetime of EVs in the UAE was assumed to be 8 years. Hence, on average, 12.5% ( = 1/8) of EV batteries may need to be recycled annually. Tesla vehicles remain popular in the UAE (Sambidge, 2023).
Depending on material and design requirements, SABIC’s Specialties business can provide a number of materials for electric vehicle battery packs, including bus bar holders, covers, brackets, end plate assemblies and enclosures for battery management systems, control units, fuses and relays, etc.
In particular, the UAE government has a target of having more than 42,000 EVs on the roads by 2030 (Rai, 2023). Thus, EVs will play a significant role in the UAE’s transportation sector in the upcoming years, making recycling LIBs attractive.
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Learn MoreLatest developments in solar PV technology, energy storage advancements, commercial power solutions, and industry insights from our team of renewable energy experts across Poland.
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