The lifespan for EV batteries is around 10 - 15 years.
But it depends on the owner & how they treat the vehicle. Some people look after their cars & others drive them into the ground. So, some batteries could last 5 years while others could last 25 years.
"Europes early adoption of EV’s is why I was positive and excited investing in a company wanting to recycle EV batteries in that continent"
RIL listed at the end of 2022, so by the end of 2024 will be two years.
I would strongly encourage all shareholders to read that prospectus.
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