22 Years' Battery Customization

China's first batch of new energy vehicle batteries "too limited"

Mar 18, 2019   Pageview:710

By the end of 2017, the number of new energy vehicles in China has reached 1.8 million, and those who entered the market early in the year also ushered in the retirement period. When consumers are still worried about the high-frequency elimination rate of electric vehicles, the Ministry of Industry and Information Technology and other departments jointly issued a notice on the recycling of power batteries, in addition to building a recycling system, but also to explore a stable business model. This decision shows that in the future, the old electric cars in your hands will no longer only be eliminated, and the power battery will usher in "re-employment." It is predicted that by 2023, the total size of the recycling market will reach 15 billion Yuan.

 

With the support of the policy, China's new energy vehicle sales in 2017 reached 777,000 units, ranking first in the world for three consecutive years, with a holding capacity of about 1.8 million units, accounting for more than half of the global market. However, according to the “life of 5 to 8 years” of new energy vehicle power batteries, the first batch of power batteries will be retire in 2018. By 2020, the cumulative scrap of electric vehicles in China will reach 230,000 tons. Prior to this, the seven ministries and commissions issued the "Interim Measures for the Management of Recycling and Utilization of Power Battery for New Energy Vehicles", emphasizing that "automobile production enterprises bear the responsibility of recycling power batteries", and public opinion in the industry also regards 2018 as the "outbreak year" of the power battery recycling industry.

 

Power battery scrap will double in 2018

 

From the perspective of the new energy automobile industry, the life of automotive power batteries is 5 to 8 years. It means that the power batteries of the first batch of new energy vehicles that were put into the market from around 2009 to 2013 will gradually enter the “decommissioning” period. Recently, the China Battery Alliance and the Beijing Green Zhihui Energy Technology Research Institute released the "Power Battery Recycling Industry Report (2018)" calculations, after 2018, the new energy vehicle power battery will enter the stage of large-scale decommissioning. It is estimated that by 2020, the total number of decommissioned power batteries will exceed 230,000 tons. From 2018 to 2020, “the amount of scrap will increase doubling.”

 

Where did the used power batteries go?

 

The Interim Measures for the Management of Recycling and Utilization of New Energy Vehicles' power batteries pointed out that “the recycling of power batteries is the responsibility of the automobile manufacturers”, which is a landing method for the recycling of domestic power batteries. Although the domestic battery has been encouraging the recycling of power batteries, the effects are not obvious for various reasons, especially for the first batch of power batteries that are used and are facing scrapping. Where did the first batch of used power batteries go? An industry expert said, "Either the factory will take back the test, or it will be scattered around the city."

 

There was a new energy vehicle plan of 'Ten Cities and Thousand Vehicles'. These vehicles were almost the first batch of new energy vehicles. The investment was early, the technology maturity was not good, and the retirement was the earliest.” The industry said that it is big. Most of them are recycled by the manufacturer for recycling experiments. "But at the same time, we should be wary of the "old new energy car cemetery" that may appear." Before the Xiaoxiang Morning News reported that "the new energy vehicle used car market is priceless and no market", this phenomenon still exists. Mr. Wang, who bought the first electric vehicles in 2010 said, “I want to change the car, but I don’t know where to sell it. The second-hand market price is not only low, but I don’t want to collect it. I don’t know where to recycle it.” This is the first new energy vehicle owners face the embarrassment. It is also reported that in a parking lot in the suburbs of Beijing, a group of electric vehicles that were used for leasing were left idle. Due to the shortened range of vehicle cruising, etc., electric vehicles that entered the market early were no longer usable.

 

2020 battery recycling industry scale reached 6.5 billion

 

On April 17, the 7th Automotive Power Battery Recycling and Secondary Battery Recycling and Recycling Technology Seminar had been held. The meeting pointed out that the current power battery recycling industry is entering an important stage of tackling the problem: it is constantly supporting and standardizing. At the stage of development, battery manufacturers should strengthen the life cycle management of power batteries and establish power battery recycling channels.

 

According to the "power battery recycling industry report (2018)", it is predicted that retired power batteries will be recycled in the way of cascade utilization first and then recycling. The resulting battery recycling market will reach 6.5 billion Yuan in 2020.

 

Industry public opinion regards 2018 as the “outbreak year” of the power battery recycling industry. Wang Chao, secretary-general of China Battery Alliance, believes that the rapid development of the power battery recycling industry is in line with the expectations of all parties in the new energy vehicle industry, but it should also re-examine industry trends. First, the power battery has reached the retirement period, and the market is gradually expanding. Secondly, the policy of “power battery capacity attenuation to 80% will face retirement” will force the power battery enterprise layout and improve the recycling system to drive the industry forward.

 

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The market scale of battery recycling will reach 6.5 billion Yuan in 2020.

 

By 2023, the market size will reach 15 billion Yuan, of which the market size of cascade utilization is about 5.7 billion Yuan, and the scale of recycling market is about 9.3 billion Yuan.

 

The page contains the contents of the machine translation.

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