CATL(SZ:300750) Zhong Guo Zhi Liang Xin Wen Wang·2025-10-17 09:05Core Viewpoint - The National Market Regulation Administration (NMR) emphasizes the importance of establishing a standardized system for the recycling and utilization of power batteries to support the high-quality development of the industry, especially as China approaches a large-scale retirement phase for these batteries by 2024 [4][13]. Group 1: Industry Development and Market Size - China is projected to recycle over 300,000 tons of power batteries by 2024, corresponding to a market size exceeding 48 billion yuan, with expectations to surpass 100 billion yuan by 2030 [4]. - The rapid growth of the new energy vehicle industry has positioned China as a major producer and user of power batteries, necessitating a robust recycling framework [4][13]. Group 2: Standardization Efforts - The NMR has approved and published five national standards related to battery recycling, contributing to a total of 22 standards that cover various aspects such as general requirements, management norms, disassembly standards, and recycling of lithium-ion waste [5]. - A national technical committee for power battery recycling is being established to enhance the coordination of standards across the entire industry chain, including raw materials, battery production, and recycling processes [6]. Group 3: Implementation and Impact of Standards - The implementation of standards has led to significant improvements in the recycling industry, with some companies achieving nickel, cobalt, and manganese recovery rates of 99.6% and lithium recovery rates of 96.5% [7]. - The standards have facilitated the safe and efficient collection, transportation, and processing of retired batteries, ensuring environmental protection and compliance with safety regulations [9][10]. Group 4: Future Plans and International Cooperation - The NMR plans to accelerate the development of additional important standards and enhance the technical organization for battery recycling, aiming to improve the overall standard system [7][24]. - China is actively participating in international standardization efforts for battery recycling, with experts involved in the development of global standards and guidelines [20][22].