Some of these companies have knowledge of Battery technology while others are new comers who are sounding out the market for attractive opportunities.
Lead Acid batteries can be conveniently deemed as a 20th century ecological success story. This is because the percentage of the battery lead recycled is higher than 97 percent. In comparison to 57% of beer cans, aluminium and soft drink containers, approximately 45% newspapers, 26% tyres and glass bottles, lead acid batteries has an incredibly low ecological footprint. What makes Lead Acid batteries such an attractive solution? The answer to this lies in its closed loop life cycle. About 60 – 80 % of recycled lead and plastic make up the new lead acid batteries.
The process is simple as follows :The Lead and Plastics in the LA batteries in vehicles like car, truck or a motorcycle have been and will continue to be recycled endlessly. Hence, this is extremely successful in terms of environmental and economical perspectives. The Lead Acid Battery Industry is entering a period of unprecedented expansion. Increased pressure from Government to reduce pollutant emissions, coupled with significant improvements in the performance – to – cost ratio of batteries is driving the growth.