Pathways for enhancing sustainable mobility in emerging markets: Cost-benefit analysis and policy recommendations for recycling of electric-vehicle batteries in Thailand

Chaianong A, Pharino C, Langkau S, Limthongkul P, Kunanusont N (2024)

Publication Type: Journal article

Publication year: 2024

Journal

Sustainable Production and Consumption Elsevier

Book Volume: 47

Pages Range: 1-16

DOI: 10.1016/j.spc.2024.03.025

Abstract

To transition towards sustainable mobility in emerging economies, fostering the use of electric vehicles (EVs) is required. This necessitates the development of an efficient management system for end-of-life (EoL) EV batteries under a circular economy principle. Using Thailand as a case study, this paper provides a holistic analysis by developing a Cost-Benefit Analysis (CBA) and deriving policy implications from the CBA results that consider stakeholder perspectives at the micro level and the uncertainties of future development. The findings suggest that the economies of scale (plant centralization) and the share of cathode chemistries play pivotal roles. In some cases, investment incentives may be required depending on the inflow of EoL batteries, technological advancements, and market volatility. A policy mix combining EoL volume-focused (i.e., enhancing battery collection rates/imports and establishing a clear policy roadmap for scaling up recycling operations) and monetary measures (i.e., taxes and financial subsidies) is essential to establish recycling facilities.

Authors with CRIS profile

Aksornchan Chaianong

Involved external institutions

Chulalongkorn University / จุฬาลงกรณ์มหาวิทยาลัย TH Thailand (TH) National Energy Technology Center (ENTEC) TH Thailand (TH) Fraunhofer-Institut für System- und Innovationsforschung / Fraunhofer Institute for Systems and Innovation Research (ISI) DE Germany (DE)

How to cite

APA:

Chaianong, A., Pharino, C., Langkau, S., Limthongkul, P., & Kunanusont, N. (2024). Pathways for enhancing sustainable mobility in emerging markets: Cost-benefit analysis and policy recommendations for recycling of electric-vehicle batteries in Thailand. Sustainable Production and Consumption, 47, 1-16. https://doi.org/10.1016/j.spc.2024.03.025

MLA:

Chaianong, Aksornchan, et al. "Pathways for enhancing sustainable mobility in emerging markets: Cost-benefit analysis and policy recommendations for recycling of electric-vehicle batteries in Thailand." Sustainable Production and Consumption 47 (2024): 1-16.

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