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There are currently two feasible solutions for retired power lithium-ion batteries: one is cascade utilization, where retired power lithium-ion batteries are used as energy carriers in other areas such as energy storage, in order to fully utilize their remaining value; The second is dismantling and recycling, which involves discharging and dismantling retired batteries, extracting raw materials, and achieving recycling. At present, only lithium iron phosphate batteries can utilize their remaining value through cascade utilization, and batteries made of ternary materials are still mainly dismantled and recycled.

Lithium ion battery recycling methods and processes

(1) Initial utilization

When the performance of power lithium-ion batteries drops to 80% of their original performance, they will not meet the usage standards of electric vehicles, but they still have the conditions for continuous use in energy storage systems, especially small-scale decentralized energy storage systems. For example, they can suppress and stabilize the output power of intermittent renewable energy generation such as wind and solar energy, perform peak shaving and valley filling, and reduce the supply-demand contradiction of electricity loads, Meet the requirements of bidirectional energy interaction in smart grids, etc. In addition, retired lithium-ion batteries can also be used for low-speed electric vehicles, such as electric bicycles and motorcycles.

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