Ministry of Industry and Information Technology to intensify research on the introduction of power battery recycling program

According to the "China Securities Daily" report, a person inside the Ministry of Industry and Information Technology recently revealed that the Ministry of Industry and Information Technology is stepping up its research on the introduction of a power battery recycling plan. The relevant policies are expected to be issued in 2018.

Ministry of Industry and Information Technology to study the introduction of power battery recycling program: Industry will welcome the outbreak

Industry insiders believe that at present, domestic battery recycling technology is mainly used for recycling, and the prospect of commercialization is very broad. In 2018, it will become the first year of the recycling battery industry. In 2018, the recycling market for used power cells can reach a scale of 5 billion yuan, and the output value of the recycling market for used power cells can increase to 13.6 billion to 31.1 billion yuan by 2020 to 2023.

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