From the current usage effect of the company, not only Iron Tower Company, but also State Grid of China has built demonstration sites in Daxing and Zhangbei in Beijing. BAIC has cooperated with New Energy Battery Company to execute energy storage power station projects and containerized energy storage projects. Companies such as BYD and Guoxuan High Tech in Shenzhen use retired power batteries to produce cascade utilization battery products for the backup field. Wuxi Greenmei and SF Express are exploring the use of tiered batteries for urban logistics vehicles. Zhongtian Hongli and others are promoting the application of tiered batteries in vehicles such as sanitation and sightseeing through a rental and sales model.

　　In order to standardize this industry, relevant departments are also establishing a power battery recycling system and operating a comprehensive management platform for national monitoring of new energy vehicles and traceability of power battery recycling. At present, 393 automobile production companies, 44 scrapped vehicle recycling and dismantling companies, 37 cascade utilization companies, and 42 recycling companies have joined this national platform.

　　The Ministry of Industry and Information Technology has also determined to carry out recycling pilot projects in 17 regions, including Beijing Tianjin Hebei, Shanghai, and China's iron tower companies. 45 companies including BAIC New Energy and GAC Mitsubishi have established a total of 3204 recycling service outlets, mainly concentrated in areas with high levels of new energy vehicle ownership in the Beijing Tianjin Hebei, Yangtze River Delta, Pearl River Delta, and central China.

　　However, as an emerging industry, the road ahead is definitely not smooth. The biggest difficulties include the technical bottleneck of recycling that still needs to be overcome, the recycling system has not yet formed, and the difficulty of making profits from recycling. In this regard, it is necessary to improve the supporting system of supporting policies, introduce diversified incentive measures, let the company taste the sweetness, play the role of market entities, accelerate the improvement of the recycling system, and form a joint effort of multiple parties.

　　According to the website of the Ministry of Industry and Information Technology, the technology of recycling and utilization is relatively mature, but key technologies and equipment such as efficient extraction of valuable metals still need to be upgraded. The level of pollution prevention and control in the dismantling and treatment of waste power batteries needs to be improved, and the recycling and utilization of lithium iron phosphate batteries faces the problem of poor economic performance.

　　Next, the Ministry of Industry and Information Technology will fully utilize the existing industrial foundations of scrapped cars, electronic and electrical equipment dismantling, and non-ferrous metallurgy, and coordinate the layout of power battery recycling companies to promote sustainable development of the industry.

　　Through favorable policies and the joint efforts of market companies to layout battery recycling, it is expected to form a complete and standardized industrial chain in the near future. Industry leaders are also about to emerge.

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