2025 battery scrap amount or amounts to 350000 tons1

With the use of new energy storage, battery recycling market scale expands unceasingly. According to the China automotive technology research center, 2018 - In 2020, the cumulative scrap power battery will amount to 120000 - 200000 tons; By 2025, power battery scrap or up to 350000 tons. Power battery recycling has become an important issue to be solved.

at present, the beijing-tianjin-hebei places now is speeding up its battery recycling pilot work. But because of the size of the market is growing rapidly, high technical difficulty, recycling high manufacturing costs, low utilization efficiency of renewable, qualification is hard to find still lead to problems such as power battery recycling progress is slow, system is relatively chaos, improving the power battery recycling system construction is imminent.

the huge market incremental continuously attracting capital to speed up the layout, the battery recycling of the arrangement in use and also become one of the direction of the related enterprise continuous power. According to incomplete statistics, institutional current our country existing 58 car companies across the country set up 3500 power battery recycling network. But at the same time, security, technology, profitability, and dealing with waste power battery, pain points highlight accordingly.

in 2018, the government has a battery recycling method, requirement for battery production, sales, use, scrap, recycling, and make use of the whole process of information collection. Although the national a number of policy, but the present power battery recycling business model is still not mature.