Power Battery Recovery Policy August Landing Car Enterprises should actively deploy battery recovery business

In recent days, according to data, the production and sales of new energy vehicles completed 232,000 and 225,000 vehicles in January and April, respectively, an increase of 142.4 % and 149.2 % respectively. On January 26 this year, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Ministry of Environmental Protection, the Ministry of Transport, the Ministry of Commerce, the General Administration of Quality Supervision, Inspection and Quarantine and the Energy Bureau jointly issued the "Interim Measures for the Recovery and Utilization of New Energy Vehicle power batteries", emphasizing the implementation of the extended producer responsibility system. Automobile production enterprises are required to assume the main responsibility for power battery recovery.

The measure will come into effect on August 1 this year. Automobile manufacturers will assume the main responsibility for power battery recovery. In the face of the interim management measures to be implemented, companies should begin to actively deploy battery recycling.

The country has produced and sold the world's largest number of new energy vehicles for three consecutive years, totaling more than 1.8 million vehicles. According to data from the China Automobile Industry Association, the total annual sales of new energy vehicles in 2017 totaled 777,000 vehicles, an increase of 53.3 % year-on-year. And it is expected that sales of new energy vehicles will exceed 1 million this year. With the introduction of the new energy vehicle enterprise "switching power" business, there is no doubt that it has increased the number of power batteries in circulation.

At present, Shenzhen has taken the lead in issuing the “Shenzhen City Pilot Work Plan for the Construction of National New Energy Vehicle power battery Regulatory Recycling System (2018-2020)” (hereinafter referred to as the “Program”), which will be implemented from June 1, 2018, valid for three years. The goal is to achieve full lifecycle supervision of all new energy vehicle power batteries that are included in the scope of subsidies by 2020, and establish a comprehensive power battery regulatory recycling system.

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