CATL(SZ:300750) 新华网财经·2025-10-19 10:09Core Viewpoint - The domestic market for power battery recycling is expected to exceed 100 billion yuan by 2030, driven by the upcoming large-scale retirement of power batteries in China [2]. Group 1: Market Size and Growth - By 2024, the domestic power battery recycling volume is projected to surpass 300,000 tons, corresponding to a market scale of over 48 billion yuan [3]. - The market regulatory authority has released 22 national standards related to power battery recycling, covering various aspects such as general requirements, management norms, disassembly standards, and recycling of lithium-ion waste [3]. Group 2: Technological Advancements - Contemporary companies like CATL's subsidiary, Bangpu Recycling, have developed advanced DRT directional recycling technology, achieving a nickel-cobalt-manganese recovery rate of 99.6% and a lithium recovery rate of 96.5% [3]. - In 2024, Bangpu Recycling plans to process over 120,000 tons of waste batteries and produce 17,100 tons of recycled lithium salt [3]. Group 3: Environmental Impact and Standards - Companies such as Quanzhou Qingneng are contributing to carbon reduction, with plans to process 237 tons of retired batteries in 2024, resulting in a carbon reduction of 238 tons and generating a revenue of 23 million yuan [4]. - The market regulatory authority aims to accelerate the establishment of a standard system for power battery recycling, focusing on green design, energy detection, discharging, storage, and directional recycling [4].