Manufacturing Day 2024: Battery Manufacturers are...
BCI is proud to mark Manufacturing Day 2024 by highlighting the critical role of battery manufacturers and their suppliers.
Article
October 1, 2024
In 2024, Battery Council International (BCI) celebrates its 100-year anniversary as the leading trade association of the North American battery industry. Our passion is educating people on the critical role of batteries in powering our daily lives – and unlocking the tremendous potential of energy storage, especially for achieving a lower carbon future. Above all, our members are committed to safe, responsible battery manufacturing and sustaining the world’s most successful circular economy.
BCI’s National Recycling Rate Study confirms that the U.S. lead battery industry continues its outstanding recycling rate of 99% — the highest of any consumer product in the U.S. Lead batteries are the gold standard in how to create a highly successful, closed-loop, domestic circular economy.
A recent study commissioned by BCI shows the U.S. battery industry contributes nearly $8.1 trillion in domestic economic output and supports 48 million diverse American jobs that are reliant on the battery industry.
The electrification of the global car parc is underway and batteries are a key enabler. Lead batteries are critical to accelerating the transition, nearly every electric vehicle requires a 12V battery, which typically is a lead battery. Lead batteries are also key to creating more – and more sustainable – EV charging stations. With a 99% recycling rate, lead batteries elevate the sustainability profile of EVs and lead-battery-supported charging stations.
The energy landscape is quickly changing, propelled by the need for domestically secure cleaner, greener energy. Battery energy storage is key to harnessing the power of renewable energy. Multiple battery chemistries, including lead batteries, are pivotal in maximizing both the power and sustainable impact of renewable energy sources. Today, lead batteries comprise nearly 45% of the worldwide rechargeable battery market share, including wind and solar energy storage, for commercial, residential and community-based installations.
Lead batteries will be the primary stored power source for these systems. Based upon our insights, we believe lead AGM – or absorbed glass mat batteries – will be the battery of choice for the next 20-plus years.