Hu tieta base station energy storage battery recycling

Is China ready to reuse and recycle EV batteries?

China is faced with an enormous wave of batteries ready for reuse and recycling due to the world’s largest EV uptake starting around six years ago. In the last six months, the Chinese government has issued a series of new directives to ensure the battery reuse and recycling industries can effectively expand to scale.

Are NEV batteries being regulated in China?

Although the regulation of the battery reuse and recycling industries began in earnest with the first regulations in 2018, it has only been throughout the second half of 2021, that Beijing has issued directives that fully address all aspects of the circular economy around NEV batteries.

How many batteries are recycled in China?

Currently, estimates sourced in Chinese media report that only around 30 – 40% of battery materials are being recycled. The recycling industry in China is still in its early stages and faces several challenges, such as a lack of standard battery technology, patchy recycling technology, and lagging reuse processes.

When will the battery reuse and recycling markets in China peak?

Projecting back from now, 2015-2017 saw the explosive growth of new energy vehicle (NEV) sales in China that are now flooding into the battery reuse and recycling markets. Between 2025-2027, the number of batteries heading for reuse and recycling will peak, given that last year, 3.3 million new energy vehicles were sold.

Which companies recycle batteries in China?

Currently, two major companies – Brunp and GEM – represent around 50% of all official battery recycling business in China. This list has more recently grown to a total of 47 whitelisted companies. Brunp is a subsidiary of CATL, the world’s largest producer of batteries.

What is waste lithium-ion battery recycling?

Waste lithium-ion battery recycling technologies (WLIBRTs) can not only relieve the pressure on the ecological environment, but also help to break the resource bottleneck of new energy industries, thereby promoting the development of a circular economy, enhancing both sustainability and economic efficiency .