Battery Reuse and Lithium Exploration: a Business Model Analysis for the Portuguese Scenario

This research explores the emerging market of second-life batteries and their potential, focusing on business models, challenges, and opportunities. The study was performed through a comprehensive literature review of existing business models for battery reuse, as well as an analysis of the challenges, uncertainties, and opportunities in the battery reuse market. The main findings of this research include the proposal of a hybrid business model for battery reuse, which combines elements of ownership, service-based models, and partnerships between various stakeholders in the battery reuse ecosystem. The study emphasizes the potential implications of the proposed business model, including its contribution to the circular economy, reduction of waste and reliance on raw materials, and support for the transition to a low-carbon economy. The research also highlights the need for comprehensive policies and regulations to address battery collection, testing, refurbishment, and financial incentives for businesses and individuals participating in battery reuse program.