Core Viewpoint - The rapid development of the power battery recycling market in China is expected to exceed 100 billion yuan by 2030, driven by the large-scale retirement of power batteries and increasing regulatory support [3][4]. Market Overview - The domestic power battery recycling volume is projected to surpass 300,000 tons in 2024, corresponding to a market scale of over 48 billion yuan. By 2030, the market scale is estimated to reach approximately 140.6 billion yuan, with a compound annual growth rate of 18.2% over the next four years [4]. - The increasing number of retired batteries poses significant challenges for safe disposal and recycling, as these batteries contain hazardous materials that can lead to environmental pollution and safety risks if not handled properly [4][5]. Policy and Regulatory Framework - The Chinese government has implemented various policies, including the "Interim Measures for the Management of Recycling and Utilization of New Energy Vehicle Power Batteries," to establish a robust regulatory framework for the industry [5][6]. - A total of 22 national standards related to power battery recycling have been published, covering general requirements, management specifications, disassembly standards, and more [6]. Recycling Methods - Power battery recycling primarily involves two methods: cascade utilization and disassembly recycling. Batteries with over 80% remaining capacity can be refurbished, while those with 20%-80% capacity can be used in less demanding applications [7][9]. - Batteries with less than 20% capacity are typically scrapped and processed for material recovery [7]. Technological Advancements - The recycling process requires advanced instruments and equipment to ensure safety and efficiency. Key devices include high-precision testing systems for battery health assessment and non-destructive testing equipment to identify internal issues [12][10]. - The wet metallurgy process is crucial for extracting valuable metals from spent batteries, necessitating the use of chemical analysis instruments and wet metallurgy process equipment [13][14]. Equipment and Instrumentation - Various instruments are essential throughout the recycling process, including: - **Physical Processing**: High-precision charge-discharge testing systems and non-destructive testing devices [12]. - **Wet Metallurgy**: Instruments like ICP-OES and X-ray diffraction devices for analyzing metal content and material structure [13][14]. - **Material Synthesis**: Equipment such as co-precipitation reactors and sintering furnaces for creating new battery materials [16][17]. Future Outlook - The power battery recycling industry is expected to evolve towards more standardized, efficient, and environmentally friendly practices. Advanced instruments will play a critical role in capturing opportunities in this emerging market [20].

Core Insights - The rapid development of China's new energy vehicle industry is leading to a concentrated wave of battery retirements, making the establishment of a scientific and complete battery recycling system crucial for industry chain safety, resource recycling, and green development [1] - As of now, China has released 22 national standards for battery recycling, covering various aspects such as general requirements, management norms, disassembly standards, residual energy testing, recycling, and waste recovery [1] - The company Bangpu Recycling plays a key role in the formulation of these standards, leading or participating in over 80% of the relevant standards in the lithium battery recycling sector [1] Industry Standards and Development - The primary task of standardization in battery recycling is to establish unified classification and process definitions due to the complexity and diversity of recycling objects [2] - China's current recycling rates are internationally leading, with a comprehensive recovery rate of nickel, cobalt, and manganese reaching 99.6%, and lithium recovery at 96.5% [2] - The improvement of standards is driving technological advancements in the industry, pushing it from extensive to high-quality development [2] International Competitiveness - The focus of international competition in battery recycling is shifting from technological competition to rule-making, highlighting the importance of establishing a systematic methodology and regulatory framework [3] - The establishment of a specialized battery recycling standardization organization is seen as a breakthrough for China to effectively represent its standards internationally [4] - The fragmented nature of current standards across multiple committees hinders China's ability to engage in systematic international dialogue [4] Integration and Lifecycle Management - The recycling industry faces challenges due to its long and fragmented supply chain, necessitating a shift towards integrated lifecycle management [5] - Bangpu Recycling collaborates with CATL to create a closed-loop ecosystem, providing feedback for "green design" to enhance recyclability and resource efficiency [6] - The future focus will be on accelerating the establishment of resource attribute recognition standards for strategic resources and key mineral salts, as well as developing a carbon footprint accounting system for battery recycling [6]

Core Insights - The State Administration for Market Regulation recently held a press conference to announce 22 national standards for the recycling and utilization of power batteries, with Guangdong Bangpu Recycling Technology Co., Ltd. being a key leading enterprise [1] - Bangpu Recycling, a subsidiary of CATL, has played a significant role in formulating over 80% of the national standards for lithium battery recycling [1] - The company has achieved the highest global recovery rates for nickel, cobalt, and manganese at 99.6% and lithium at 96.5%, surpassing industry averages [1] Group 1 - Bangpu Recycling has an annual processing capacity of 120,000 tons of used power batteries, equivalent to revitalizing 200,000 to 300,000 electric vehicle batteries each year based on an average battery weight of 300 kg [1] - The company has established 445 industry standards, including 126 national standards, and supports 18 national committees in battery recycling standard research across various sectors [1] - Bangpu Recycling is the first company globally to create a directional recycling technology system, which has been shared with the industry to form national standards [1] Group 2 - The establishment of standards is crucial for industry development, accelerating technological progress and product iteration, while also positioning Chinese standards as important references in international markets [2] - The high-standard recycling system provides a "green passport" for Chinese battery companies to enter global markets, especially in light of international regulations like the EU's new battery law [2] - Experts predict that transforming retired batteries into future "green mines" could lead to a market worth hundreds of billions by 2030, with CATL building a comprehensive resource recycling system that redefines resource management through standards and technology [2]

Core Viewpoint - China has released 22 national standards for the recycling and utilization of power batteries, which support the high-quality development of the power battery recycling industry [1][2]. Group 1: National Standards and Implementation - The national standards cover various aspects such as general requirements for battery recycling, management specifications, disassembly standards, residual energy detection, and recycling of lithium-ion waste [1][2]. - The implementation of standards like "Disassembly Specifications for Vehicle Power Battery Recycling" and "Residual Energy Detection for Vehicle Power Battery Recycling" has led to large-scale promotion in the industry, enhancing the healthy and orderly development of the sector [2]. - The expected domestic market scale for power battery recycling is projected to exceed 100 billion yuan by 2030 [1]. Group 2: Economic and Environmental Impact - The application of standards has resulted in significant recovery rates, with nickel, cobalt, and manganese recovery rates reaching 99.6% and lithium recovery rates at 96.5%, promoting green and sustainable development in the industry [2]. - The recycling process of power batteries is crucial for the efficient extraction and regeneration of important metals like lithium, cobalt, and nickel, which is significant for the protection of vital mineral resources [2]. Group 3: Technical Standards and Quality Assurance - The national standard "Recycled Black Powder for Lithium-Ion Batteries" defines key technical requirements such as classification, chemical composition, and harmful substance limits, which will enhance the quality of domestic recycled black powder [2]. - The series of standards for "Recycling and Reuse of Vehicle Power Batteries" stipulates harmful substance handling processes, ensuring pollution control during the recycling phase and promoting a reduction in overall energy consumption by over 30% [3]. - Strict resource recovery rate indicators have been established, requiring comprehensive recovery rates of nickel, cobalt, and manganese to be no less than 98%, and lithium recovery rates to be no less than 85% [3].

Core Insights - China is entering a large-scale retirement phase for power batteries, with an estimated recovery volume exceeding 300,000 tons in 2024, corresponding to a market size of over 48 billion yuan, and expected to surpass 100 billion yuan by 2030 [1] Group 1: Industry Overview - China has become a major producer and consumer of power batteries, with new energy vehicle production expected to exceed 13 million units in 2024, maintaining the global lead for 10 consecutive years [1] - The State Administration for Market Regulation, in collaboration with the Ministry of Industry and Information Technology, is actively promoting the development of national standards for the entire power battery recovery and utilization industry chain [1] Group 2: Standards and Regulations - National standards have been developed for the collection, storage, and transportation of retired power batteries, ensuring traceability and environmental safety during the recovery process [1] - In the area of physical processing, national standards for disassembly, discharge, and sorting of power batteries have been revised to promote standardized development and ensure safety and environmental protection [1] - In terms of chemical regeneration, a series of national standards have been issued regarding intermediate products, testing methods, and waste treatment in battery regeneration, effectively reducing pollutant emissions and supporting energy conservation and carbon reduction in the industry [2]

Core Insights - China is entering a large-scale retirement phase for power batteries, with an estimated recovery volume exceeding 300,000 tons in 2024, corresponding to a market size of over 48 billion yuan [1][2] - The domestic market for power battery recovery is projected to surpass 100 billion yuan by 2030, highlighting the importance of advancing battery recovery and utilization [1] Industry Overview - China has become a major producer and consumer of power batteries, with over 13 million new energy vehicles expected to be produced in 2024, maintaining its position as the global leader in production and sales for 10 consecutive years [1] - The State Administration for Market Regulation, in collaboration with the Ministry of Industry and Information Technology, is actively promoting the development of national standards for the entire power battery recovery and utilization industry chain [1] Collection and Transportation Standards - National standards have been developed for the collection, classification, packaging, transportation, unloading, and handling of retired power batteries, ensuring traceability and environmental safety during the recovery process [1] Physical Processing Standards - The establishment and revision of national standards for the disassembly, discharging, and crushing separation of power batteries have been initiated, promoting the standardized development of physical processing and ensuring safety and environmental protection [1] Chemical Recycling Standards - A series of national standards have been released regarding the intermediate products of battery recycling, testing methods, and waste management, effectively reducing pollutant emissions and supporting energy conservation and carbon reduction in the industry [2]

Core Insights - The domestic power battery recycling volume is expected to exceed 300,000 tons in 2024, corresponding to a market scale of over 48 billion yuan [1] - The State Administration for Market Regulation, in collaboration with the Ministry of Industry and Information Technology, is actively promoting the development of national standards for the entire power battery recycling industry chain [1][2] - A total of 22 national standards for power battery recycling and utilization have been released, covering various aspects such as general requirements, management specifications, disassembly standards, residual energy detection, and recycling of lithium-ion waste [1] Industry Developments - Fujian Province has established a standardized demonstration model that integrates technological innovation with standard development, positioning itself as a significant production base for the national power battery industry [1] - Contemporary Amperex Technology Co., Ltd. (CATL) subsidiary, Bangpu Recycling, has achieved a nickel-cobalt-manganese recovery rate of 99.6% and a lithium recovery rate of 96.5% through its DRT directional recycling technology, with plans to process over 120,000 tons of waste batteries in 2024 [1] - Quanzhou Qingneng Company aims 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 [1] Future Directions - The next steps involve accelerating the construction of the power battery recycling standard system, focusing on areas such as green design, residual energy detection, discharge, storage, and directional recycling [2]

Core Viewpoint - The Chinese government is actively promoting the recycling and utilization of retired power batteries, which is expected to reach a market scale of over 100 billion yuan by 2030, driven by the implementation of national standards and increasing demand for sustainable practices [1][2]. Group 1: Market Overview - The market for retired power battery recycling is projected to exceed 30,000 tons in 2024, corresponding to a market scale of over 48 billion yuan [1]. - China's production of new energy vehicles is expected to surpass 13 million units in 2024, maintaining its position as the global leader for ten consecutive years [1]. Group 2: Standardization Efforts - As of now, China has released 22 national standards related to power battery recycling, covering disassembly specifications, residual energy detection, and regeneration utilization [1]. - The implementation of standards has led to significant recovery rates, with some companies achieving a nickel, cobalt, and manganese recovery rate of 99.6% and lithium recovery rate of 96.5% [2]. Group 3: Resource Recovery and Sustainability - The recycling of power batteries is seen as a new source of "urban mining," allowing for the efficient extraction and regeneration of strategic metals like lithium, cobalt, and nickel, thereby reducing reliance on primary mineral extraction [3]. - National standards emphasize high resource recovery efficiency, with requirements set for comprehensive recovery rates of nickel, cobalt, and manganese not lower than 98%, and lithium recovery not lower than 85% [3]. Group 4: Regional Contributions - Fujian Province is a key production base for the power battery industry, actively participating in the formulation of national and local standards, and contributing to international standardization efforts [3].

Group 1 - The domestic market for power battery recycling in China is expected to exceed 100 billion yuan by 2030, driven by the large-scale retirement of power batteries [3] - In 2024, the domestic power battery recycling volume is projected to surpass 300,000 tons, corresponding to a market scale of over 48 billion yuan [4] - The State Administration for Market Regulation has released 22 national standards for power battery recycling, covering various aspects to support the industry's high-quality development [4] Group 2 - The "Beijing Wind Energy Declaration 2.0" states that during the 14th Five-Year Plan period, China's annual new installed wind power capacity should not be less than 12 million kilowatts [5] - By 2030, China's cumulative wind power installed capacity is expected to reach 1.3 billion kilowatts, and by 2035, it should not be less than 2 billion kilowatts [6] Group 3 - The value added of the lithium-ion battery manufacturing industry increased by 29.8% year-on-year in the first three quarters of the year [8] - The production of new energy vehicles, electric bicycles, and tablet computers saw significant growth, with respective increases of 29.7%, 27.1%, and 9.5% [8] Group 4 - Clean energy generation accounted for 35.3% of total energy generation in the first three quarters, an increase of 1.9 percentage points compared to the same period last year [9] - The overall energy consumption in China grew by 3.7% year-on-year, with a continuous optimization of the energy consumption structure [9] Group 5 - The National Pipeline Network Group has launched its first large-scale photovoltaic power generation project, which is expected to significantly promote the green and low-carbon development of the oil and gas industry [11] - The project has a designed annual average power generation capacity of 623 million kilowatt-hours [11] Group 6 - China Huadian's Yangluo charging and swapping station has begun trial operations, marking a significant step in the "green shipping" initiative [12] - The station is equipped with facilities for both electric ships and heavy-duty electric trucks, supported by distributed photovoltaic power generation [12] Group 7 - South Africa's new Integrated Resource Plan (IRP2025) outlines a roadmap for over $120 billion in new power generation investments, aiming to balance energy security, decarbonization, and industrial growth [16] - The plan emphasizes a diversified energy structure, positioning nuclear power as a key component of the country's long-term strategy [16]

Core Insights - The domestic market for power battery recycling in China is expected to exceed 100 billion yuan by 2030, marking the beginning of a large-scale retirement phase for power batteries [2] - In 2024, the domestic recycling volume of power batteries is projected to surpass 300,000 tons, corresponding to a market scale of over 48 billion yuan [3] Group 1: Industry Standards and Support - The State Administration for Market Regulation, in collaboration with the Ministry of Industry and Information Technology, is actively promoting the development of national standards for the entire power battery recycling industry chain, providing strong technical support for the industry's growth [3] - A total of 22 national standards for power battery recycling have been published, covering various aspects such as general requirements, management specifications, disassembly standards, residual energy testing, and recycling of lithium-ion waste [3][4] Group 2: Technological Innovations and Achievements - Contemporary Amperex Technology Co., Ltd. (CATL) subsidiary, Bangpu Recycling, has achieved a nickel-cobalt-manganese recovery rate of 99.6% and a lithium recovery rate of 96.5% through its DRT directional recycling technology, with plans to process over 120,000 tons of waste batteries in 2024 [3] - Quanzhou Qingneng Company aims to process 237 tons of retired batteries in 2024, achieving a carbon reduction of 238 tons and generating a revenue of 23 million yuan [4] Group 3: Future Directions - The next steps include accelerating the construction of the power battery recycling standard system, focusing on areas such as green design, residual energy testing, discharging, storage, and directional recycling [4]