The recycling of used batteries is of great strategic significance! Will give birth to a batch of new giants in the industry!

In November 2019, in order to promote the recycling of power batteries for new energy vehicles, and to guide and standardize the construction and operation of power battery recycling service outlets, the Ministry of Industry and Information Technology formulated the "Guidelines for the Construction and Operation of Power Battery Recycling Service outlets for new energy vehicles", which proposed new energy The construction, operation and safety and environmental protection requirements of automobile waste motive batteries and disused cascade battery recycling service outlets.

On September 1, 2020, the "Detailed Rules for the Implementation of the Measures for the Recycling of Scrapped Motor Vehicles" jointly issued by the Ministry of Commerce, the Ministry of Industry and Information Technology and other departments was officially implemented, which further regulates the recycling and utilization of power batteries, and requires recycling and dismantling enterprises to treat scrapped new energy vehicles. Disassemble, collect, store, transport and recycle waste power batteries or other types of energy storage devices to strengthen safety management throughout the process.

2017-2021 Renewable Resources Recovery Status Table

On March 5 this year, "Accelerating the Construction of Power Battery Recycling System" appeared in the government work report in 2021. This is the first time that the topic of "power battery recycling" appeared in the government work report.

On April 7 this year, the Ministry of Industry and Information Technology issued the "Ministry of Industry and Information Technology's 2021 Regulation-making Work Plan", which mentioned that it will speed up the review or drafting of the "Administrative Measures for the Recycling of Power Batteries for New Energy Vehicles."

In addition, in order to regulate the order of the battery recycling market, in 2018, the Ministry of Industry and Information Technology also announced the first batch of companies that meet the "Industry Standards and Conditions for the Comprehensive Utilization of New Energy Vehicle Waste Power Batteries", including five companies including GEM and Huayou Cobalt. In January this year, the Ministry of Industry and Information Technology announced the second batch of 22 companies. At present, whether it is the policy preference or the rigid need for environmental protection, or the new energy corporate responsibility and the shortage of battery materials and mineral resources, the battery recycling industry is bound to usher in the dawn of the times and will give birth to a group of emerging industry giants. The future is promising!

Retired car power lithium battery

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