In recent years, China's new energy power batteries have developed rapidly, and electric vehicles must be the mainstream in the future. Now some well-known automobile manufacturers have announced that they will stop producing fuel vehicles and only produce electric vehicles in the future. Battery is the core component of electric vehicle.
With the increasing number of electric vehicles, the first batch of new energy power batteries have entered the elimination and scrapping period, and the market space for battery recycling in the future is very large. According to the data released by the Ministry of Industry and Information Technology, by the end of 2002 10000, there were 173 related enterprises that had set up more than10000 power battery recycling service outlets nationwide.
With the strengthening of the life cycle traceability management of power batteries in China and the continuous improvement and standardization of the recycling system, the level of efficient utilization of battery resources will continue to improve, which is conducive to releasing more power battery capacity, improving supply and promoting the healthier development of the battery recycling industry.