1、 THE OPPORTUNITIES AND CHALLENGES FOR CIRCULAR BUSINESS IN THE LITHIUM-ION BATTERY VALUE CHAIN LappeenrantaLahti University of Technology LUT Masters program in International Marketing Management,Masters Thesis 2022 Laura Torkkeli Examiner(s):Professor,Laura Albareda Doctoral Candidate,Jaan-Pauli Ki

2、mpimki(M.Sc.(Econ.)ABSTRACT LappeenrantaLahti University of Technology LUT LUT School of Business and Management/Business Administration Laura Torkkeli The Opportunities and Challenges for Circular Business in the lithium-ion Battery Value Chain Masters thesis 2022 123 pages,20 figures,11 tables and

3、 3 appendices Examiners:Professor,Laura Albareda Doctoral Candidate,Jaan-Pauli Kimpimki(M.Sc.(Econ.)Keywords:Circular Economy,Circular Business Models,Circular Value Chains,lithium-ion batteries,inductive research,challenges,and opportunities in circular economy The UNFCCCs Paris Agreement targets o

4、n climate change and the aim to reduce emissions on the energy intensive sectors,transportation,and energy production,creates enormous pressure to electrify mobility and to expand the amount of energy storage solutions.lithium-ion batteries store high-capacity power,and are used on a wide set of app

5、lication,to drive Electrical Vehicle,consumer electronics,industrial robots,and production equipment,but their usage comes at a heavy environmental and social cost.It also requires adapting these sectors to view lithium as a scarce material,that should be recovered and reused.To tackle the unwanted

6、ripple effects of electrification of the world,circular economy aims to address the depletion of natural resources by slowing,narrowing and closing the resource loops.This study draws on prior literature to illustrate a foundation for circular economy of lithium-ion batteries,explain the development