@basumallick @sahil_vi I am trying to think forward, How mass production of Li-Ion or Solid-state batteries will affect Gravita India’s existing lead recycling business. Since the major use of lead is in Lead-acid batteries, the ongoing EV revolution might have a big impact on it.
Currently, the main advantage of a Lead-acid battery is its cost. But the price of Li-ion batteries is constantly coming down, and one day it will be lesser than that of Lead-acid batteries due to economies of scale.
At that time lot of Lead-acid batteries will become scrap. Recycling them might not make sense because lead is mostly used in batteries and lead price may drop drastically because of a decrease in demand. Plus lead is not environment friendly. This is all speculating. Please help me make my thoughts clear.
I understand that Gravita has plans to enter e-recycling. But I am trying to understand what might happen to the current lead recycling business.