Assuming Redwood Materials would recycle 10 percent of the batteries in the global EV market, the...

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Assuming Redwood Materials would recycle 10 percent of the batteries in the global EV market, the recovery rate remains at 80 percent, the EV market grows at 50 percent per year, the lifespan of a battery is 15 years, and lithium prices remain at $9/kg, how much revenue would the company make each year in the period from 2035 to 2050 from selling recycled lithium? Assuming Redwood Materials would recycle 10 percent of the batteries in the global EV market, the recovery rate remains at 80 percent, the EV market grows at 50 percent per year, the lifespan of a battery is 15 years, and lithium prices remain at $9/kg, how much revenue would the company make each year in the period from 2035 to 2050 from selling recycled lithium?

Answer rating: 100% (QA)

Solution To calculate the revenue generated each year from selling recycled lithium by Redwood Materials in the period from 2035 to 2050 we need to co... View the full answer