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A large number of retired lithium-ion power batteries are rushing in.

According to industry forecasts, globally, from 2021 to 2025, the global power lithium battery recycling market will expand on a small scale, with a cumulative retirement scale of up to 380GWh; From 2026 to 2030, the global power lithium battery recycling market will fully erupt, with a cumulative retirement scale of 1.2 TWh.

In this context, as a pioneer in the development of the global new energy vehicle industry, China will also be the first to face such a large-scale problem of power lithium battery recycling.

In fact, the recycling of power lithium batteries is closely related to environmental protection and economic benefits, and is the last step in whether the new energy industry can achieve the transition from "green to green". It has received national attention. On March 5, "accelerating the construction of power lithium battery recycling system" was written into the Report on the Work of the Government in 2021.

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