The Asia-Pacific region is becoming a showcase for regional solutions. As electric vehicles (EVs) rapidly gain traction, the region must confront a dual challenge: managing the environmental and health risks of end-of-life EV batteries, while actively pursuing the economic and technological opportunities of a circular economy.

By strategically combining public policy and private sector innovation, especially among micro, small, and medium-sized enterprises (MSMEs), the region can turn this policy challenge into a blueprint for inclusive and sustainable economic growth.

Making the shift: the circular economy imperative

The transition to EVs isn’t merely about cleaner and sustainable transportation and energy transition options; it’s a fundamental shift in how we utilize, recover and repurpose resources. The circular economy, built upon the “R” principles (Reduce, Reuse, Recycle, Repurpose, Recover), provides a strategic framework to maximize battery material value, minimize waste and sever the link between economic growth and climate action. These principles are essential for sustainable battery waste management.

Yet, realizing this ambitious vision extends beyond technology; it hinges on fostering a skilled workforce and cultivating innovative business models.

Consequently, education and capacity-building become key drivers. Without a broad understanding of the country specific context and practical implementation of circularity principles, the promise of a truly sustainable ecosystem will........

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