CIRCULAR CHAINS OF VALUE ADDED CREATION IN ELECTRIC CAR MANUFACTURING

  • Iryna Zvarych
Keywords: circular value added chains, a new transport paradigm, supply chains, lithium ion batteries, recycling process, inclusive orientation, circular market, global inclusive circular economy

Abstract

The article is devoted to the development of circular value added chains in the process of the global inclusive circular economy paradigm formation. The key supporting e-points are considered in the formation of value added circular chains. The necessity of forming a new market for second-life applications with energy storage, that is, the so-called circular market for the batteries of e-vehicle with inclusive orientation was deduced. It is proved that collecting electric car batteries is labor-intensive, while the recycling process is usually a more capital-intensive process. Considered cases of violations of human rights, including children, in the field, in particular, in the extraction of cobalt in the Congo. The necessity of forming a new transport paradigm and taking into account the features and risks of supply chains is substantiated, while companies that are leaders in the use of recycled material are identified. The logic of this is the circular economy, because the battery coming from an electric car becomes part of the new energy world. The circular value chain of the lithium-ion battery can be divided into six key segments ranging from extraction and processing of raw materials up to the disposal of the final product, the production of storage batteries and the production of electric vehicles Mining and raw materials used in lithium ion batteries, along with the processing of these materials, usually takes place outside the EU. China is a leader in the production of fuel cells. It is estimated that this usually occurs when the batteries reach 70% to 80% of the initial capacity. At this point, the batteries are still capable of handling the charge and discharge for other applications, such as power generation. Based on the materials discussed, it is proposed to solve the problem and the goal of using value added circular chains to develop an inclusive transport paradigm as part of the global inclusive circular economy paradigm.

References

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Published
2019-03-25
Pages
9-15
Section
SECTION 1 WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS