Abstract
In recent years, international environmental and public health research has become a hot topic, and battery recycling, which is often mentioned separately from waste disposal, has likewise become an academic topic. Battery recycling research is beneficial not only for controlling toxic and harmful substances, but also for public health. In addition, battery recycling brings value-added benefits to company management. As the most important link in the battery supply chain, the driving mechanism of battery recycling in the new electric vehicle industry will become particularly important. The subject of battery recycling is diverse, and the relationships among influencing factors are complex, thereby presenting a fluctuating state. Against this background, this study constructs a system dynamics model from the perspective of a main sorting and recycling system, a technological innovation subsystem and a replacement subsystem. Moreover, this study examines the driving mechanism of the power battery recycling system of a microlevel company. Focusing on the systematic impact of technological innovation capability and substitution, we find that the technological innovation drive of companies increases the total effect of required costs and product demands. It is embodied in two aspects, that is, the increase in the recovery rate leads to an increase in demand, whereas the increase in actual expenditures is less than the increase in technology-driven benefits. After technological innovation capability is improved, the effect of the technological innovation multiplier on the driving mechanism of companies is shown as rapid response time changes. In the substitution component of a company recycling system, we find that the maximum substitution rate limiting expectations has no significant impact on product differentiation. The leading effect of technological innovation capability is more obvious than that of substitution activity. Based on these findings, several suggestions for company operation and environmental governance are presented.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Environmental Research and Public Health
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
