THE POTENTIAL OF PLATFORMS IN SPURRING THE CIRCULAR TRANSITION IN THE EV BATTERY SECTOR
The transition to a circular economy is pivotal in achieving sustainability goals, especially within the clean tech sector. Platforms play a crucial role in facilitating this transition by connecting stakeholders, streamlining resource flows, and enabling efficient material reuse through the creation and scale up of marketplaces. This panel will delve into the potential of platforms and their policy implications, focusing on the example of electric vehicle (EV) batteries. EV batteries are a linchpin in the clean tech revolution. Circular platforms can optimize their lifecycle by promoting more sustainable design, reuse (for example through second-life applications), remanufacturing, and recycling. These platforms can connect battery manufacturers, recyclers, and end-users, ensuring efficient material recovery and minimizing waste. Policy frameworks must incentivize circular business models and encourage collaboration across the value chain.