Waste Power Battery Recovery 10 Billion Market is waiting to open

With the continuous increase in the number of new energy vehicles in the Chinese market, the use of power cells will receive sufficient attention in 2018. At present, the relevant departments of the state have actively and appropriately proposed solutions, and major enterprises have also planned the layout of the market potential in the future.

On the ministerial channel after the end of the two national meetings in March this year, Miaowei, Minister of Industry and Information Technology, made it clear that China has produced and sold the world's largest number of new energy vehicles for three consecutive years, and the total number of new energy vehicles promoted has exceeded 1.8 million. China's new energy vehicles and international advanced standards are basically kept in sync.

According to the China auto association's data, in 2017, China's new energy vehicle sales totaled 777,000 vehicles, a year-on-year increase of 53.3 %. It is expected that the annual sales volume in 2018 will exceed 1 million vehicles.

The huge new energy vehicle production and sales volume, once the power battery scrap, the base can be imagined. In fact, the new energy vehicle power battery is about to usher in the first wave of scrap peak. Even many analysts believe that 2018 will become China's new energy vehicles "power battery scrap year."

In fact, by the end of last year, the total number of new-energy vehicles in China had reached 1.53 million. According to the power battery life calculation, this year's power battery will usher in a "retirement period." According to industry estimates quoted by authoritative media, this year's domestic recycling market for used power cells can reach 5 billion yuan. According to the National development plan for new energy vehicles, by 2020, the amount of power battery scrap will reach 120,000 tons to 170,000 tons, which is also the first peak period for recycling.

The vast market for decommissioned power cells has emerged. Whether it is from the perspective of environmental protection or the maximum use of resources, the recycling of power cells is already on the verge of being used, and its utilization value is increasingly evident. It is understood that the power battery industry leader Ningde era has begun to establish a complete power battery ladder utilization system. Its main business involves the production of power batteries and the recycling of Hedongli batteries by lithium batteries. With its successful listing, it will surely boost the upstream and downstream industries of power batteries and bring more imagination to the recycling market.

The page contains the contents of the machine translation.