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On January 14th (Reporter Huang Anjin), Minister of Industry and Information Technology Xiao Yaqing recently stated that during the 14th Five Year Plan period, the Ministry of Industry and Information Technology will continue to promote the development of China's new energy vehicle industry, enhance innovation capabilities in some key links, and encourage domestic and international car companies to deepen open cooperation and jointly develop the new energy vehicle industry; We will develop a roadmap for the automotive industry to achieve carbon peak and carbon neutrality goals, strengthen innovation in vehicle integration technology, and promote the parallel development of electrification, networking, and intelligence. At the same time, we will promote the recycling and utilization of new energy vehicle power batteries by formulating supporting laws and regulations, improving the recycling system, and publishing relevant standards.

It can be seen that in the field of new energy vehicles with a broad market and promising prospects, its development goals are further extended and directed towards more specific links such as vehicle manufacturing, intelligent networking, and battery recycling.

Taking the recycling process of power batteries as an example, new energy vehicles in China were widely promoted and applied around 2013. According to the general service life of power batteries, which is 5 to 8 years, there will be a peak period of scrapping after 2020. So, where will these power batteries that are about to be "retired" from new energy vehicles go? Who will take over the aftermarket of new energy vehicles?

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