5 Battery Recycling Business Success Stories [2023]

The battery recycling business reprocesses spent lithium-ion batteries into new cells. The procedure aims to reduce the number of batteries disposed of as municipal solid waste by separating them and reusing them to create new cells.

The global market for battery recycling is anticipated to grow at a CAGR of 7.12% to reach $18 billion in the next few years.

Therefore, starting own direct battery recycling business can be profitable. Direct battery recycling is said to be cleaner and more efficient. To start your battery recycling business, write a business plan that indicates your old-battery collection approach.

Then, register the business with the states where you intend to operate. Finally, determine the type of batteries you want to recycle and identify the target market.

Here are some real life success stories of starting a battery recycling business:

1. American Battery Technology Company

ABTC is a company that is meeting the soaring global demand for lithium-ion battery technology with a USA-made complete lifecycle approach.

• Business rank: #398K

Check out their full website ➜

2. Battery Systems

• Business rank: #626K

Check out their full website ➜

Learn more about starting a battery recycling business:

Where to start?

-> How much does it cost to start a battery recycling business?
-> Pros and cons of a battery recycling business

Need inspiration?

-> Examples of established battery recycling business

Other resources

-> Battery recycling business manufacturers

4. Battery Solutions

Where to recycle batteries? Battery Solutions is the leader in battery recycling management in North America and meets all your recycling needs. Start recycling now!

• Estimated revenue: $4.17M/month
• Business rank: #1.02M

Check out their full website ➜