Core Viewpoint - The Chinese government is actively promoting the standardization of power battery recycling, which is expected to create significant investment opportunities in the recycling market as the country approaches a large-scale retirement phase for power batteries [1][2]. Industry Overview - China has become a major producer and user of power batteries, leading to an anticipated large-scale retirement phase for these batteries [1]. - The domestic power battery recycling market is projected to exceed 100 billion yuan by 2030, indicating a robust growth trajectory and the emergence of strong companies with technological capabilities and market influence [3]. Company Initiatives - CATL (Contemporary Amperex Technology Co., Limited) has established recycling bases in multiple regions in China, focusing on the processing and recycling of metals such as nickel, cobalt, lithium, and iron from used batteries [1]. - Greeenme (格林美股份有限公司) has developed a comprehensive lifecycle value chain for battery recycling, achieving high recovery rates: over 96.5% for lithium, over 99.5% for nickel and cobalt, and over 90% for iron [2]. - Camel Group (骆驼集团股份有限公司) is expanding its operations from lead-acid battery recycling to lithium battery recycling, while Xinwanda Electronics (欣旺达电子股份有限公司) is establishing a specialized recycling subsidiary to create an intelligent recycling system [2]. Technological Advancements - Companies are focusing on developing efficient recycling technologies, such as the new nickel-hydrogen energy storage system, which offers 100% recyclability and reduces technical difficulties in recycling [3]. - The industry is moving towards a more organized and internationalized development, with companies integrating resources and innovating to meet new regulatory standards [3].

Core Insights - China is becoming a major player in both the production and utilization of power batteries, with a projected recycling volume of over 300,000 tons in 2024, corresponding to a market size exceeding 48 billion yuan, and expectations to surpass 100 billion yuan by 2030 [1] Group 1: Regulatory Framework - The State Administration for Market Regulation (SAMR) is actively promoting the standardization of power battery recycling, having released 22 national standards covering various aspects such as general requirements, management norms, disassembly standards, and recycling of lithium-ion waste [1][2] - New standards have been developed for the collection, storage, and transportation of retired power batteries, ensuring traceability and safety during the recycling process [2] Group 2: Physical and Chemical Processing - National standards for the physical processing of power batteries have been established, improving safety and environmental protection during disassembly and recycling, with disassembly efficiency increasing by over 50% following the implementation of these standards [2] - In the chemical regeneration aspect, standards have been set to regulate the treatment of hazardous substances, leading to a reduction in pollutant emissions and a decrease in overall energy consumption by more than 30% [2] Group 3: Resource Recovery and Quality Standards - The SAMR has issued standards to address the lack of unified planning in the recycling network, detailing requirements for the establishment of recycling service points and ensuring compliance and safety throughout the recycling process [3] - A new standard for recycled black powder, a key intermediate product, has been introduced to enhance the quality of domestic recycled products and ensure environmental safety in downstream smelting processes [3] Group 4: Resource Recovery Rates - New standards have been set for resource recovery rates, mandating a minimum recovery rate of 98% for nickel, cobalt, and manganese, and at least 85% for lithium, to mitigate resource waste and environmental impact [4] - Future efforts will focus on accelerating the construction of a standard system for battery recycling, emphasizing green design and energy detection [4]

Core Viewpoint - The Chinese market is entering a large-scale retirement phase for power batteries, with significant growth expected in the recycling sector, projected to exceed 30 million tons in 2024 and surpass 100 billion yuan by 2030 [1][2]. Group 1: Market Overview - 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]. - By 2030, the domestic market scale for power battery recycling is projected to exceed 100 billion yuan [1]. Group 2: Standardization Efforts - The State Council has approved an action plan to improve the recycling system for power batteries, emphasizing the need for a standardized framework to ensure safe and efficient recycling [2]. - A total of 22 national standards for power battery recycling have been released, covering various aspects such as general requirements, management norms, disassembly standards, and recycling of lithium-ion waste [2][3]. Group 3: Impact of New Standards - The introduction of standards has effectively removed compliant black powder from hazardous waste classification, significantly reducing operational risks for companies and potentially attracting more players to the industry [3]. - The implementation of national standards has led to high recovery rates, with some companies achieving nickel, cobalt, and manganese recovery rates of 99.6% and lithium recovery rates of 96.5% [3]. Group 4: Challenges and Future Directions - The recycling market still faces issues such as capacity mismatch, illegal recycling, and safety hazards, which the new standards aim to address [4]. - Future standardization efforts will focus on source management, process management, and safety regulation to enhance the overall efficiency and safety of battery recycling [5]. Group 5: International Participation - China is transitioning from a participant to a leader in international battery recycling standardization, actively engaging in the development of global standards [6]. - Chinese experts are involved in key international projects related to battery performance evaluation and recycling guidelines, with significant contributions to the IEC international standard proposal [6]. Group 6: Local Initiatives - Local practices, such as those in Fujian Province, have set examples for national implementation, including legislative measures and financial incentives for standard development [6][7]. - Companies like CATL's subsidiary, Bangpu Recycling, have achieved high recovery rates and significant processing volumes, demonstrating the effectiveness of these initiatives [7].

Core Viewpoint - The Chinese market is entering a large-scale retirement phase for power batteries, with significant growth expected in the recycling sector, projected to exceed 30 million tons by 2024 and surpass 100 billion yuan by 2030 [2][5]. Group 1: Market Overview - 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 [2]. - By 2030, the domestic market scale for power battery recycling is projected to exceed 100 billion yuan [2]. Group 2: Standardization Efforts - The Ministry of Industry and Information Technology (MIIT) is advancing standard construction from three aspects: source design, process management, and safety supervision [3]. - A total of 22 national standards have been released to support the high-quality development of the power battery recycling industry, covering various aspects such as general requirements, management specifications, and recycling processes [5][6]. Group 3: Impact of New Standards - The introduction of standards has significantly improved the recycling rates of nickel, cobalt, and manganese to 99.6% and lithium to 96.5%, promoting green and sustainable development in the industry [6]. - The new standards have reclassified regenerated black powder, reducing operational risks for companies and encouraging more enterprises to enter the field [6]. Group 4: Future Directions - The MIIT has outlined three main directions for future standardization work, focusing on accelerating the revision of green design standards and enhancing process management [8][9]. - The implementation of the new standards is expected to improve the efficiency of battery disassembly by over 50% [9]. Group 5: International Participation - China is transitioning from a participant to a leader in international standardization for power battery recycling, with experts actively involved in key international projects [12][13]. - Local practices in provinces like Fujian are providing replicable experiences for national standard implementation, with significant achievements reported by companies in the region [13].

Core Insights - The domestic market for power battery recycling in China is expected to exceed 100 billion yuan by 2030, driven by the upcoming large-scale retirement of power batteries [1] - 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 [1] Industry Developments - 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] - 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 detection, and recycling of lithium-ion waste [1] Company Initiatives - 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 [1] - In 2024, Bangpu Recycling plans to process over 120,000 tons of waste batteries and produce 17,100 tons of regenerated lithium salt [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 [2] Future Directions - The next steps include accelerating the construction of the power battery recycling standard system, focusing on green design, residual energy detection, discharging, storage, and directional recycling [2]

Core Viewpoint - The Chinese market for battery recycling is set to exceed 300,000 tons in 2024, with a market size surpassing 48 billion RMB, and is expected to exceed 100 billion RMB by 2030, driven by the rapid development of the electric vehicle industry [1][2]. Group 1: Market Overview - In 2024, China's domestic power battery recycling volume is projected to exceed 300,000 tons, corresponding to a market size of over 48 billion RMB [1]. - By 2030, the domestic market size for battery recycling is expected to surpass 100 billion RMB [1]. Group 2: Regulatory Framework - The State Administration for Market Regulation has introduced an action plan to improve the recycling system for power batteries, emphasizing the need for a standardized, safe, and efficient recycling process [1]. - The plan was approved in February during a State Council executive meeting, highlighting the importance of establishing a comprehensive standard system for battery recycling [1]. Group 3: International Standards and Collaboration - China is focusing on international standardization for battery recycling, with plans to involve more Chinese experts in international standard research to share experiences and contribute to the sustainable development of the electric vehicle industry [2]. - Other regions, such as Europe and South Korea, have already established regulations and standards for battery recycling, indicating a global trend towards enhanced recycling practices [2].

Core Viewpoint - The development of a robust standard system is crucial for the growth of the power battery recycling industry in China, which is expected to exceed a market scale of 100 billion yuan by 2030 [1][2]. Group 1: Standards and Regulations - China has issued 22 national standards related to power battery recycling, covering various aspects such as general requirements, management norms, disassembly standards, residual energy detection, and recycling of lithium-ion waste [1]. - The implementation of standards like "Disassembly Specifications for Power Battery Recycling" and "Residual Energy Detection for Power Battery Recycling" has led to widespread application in the industry, promoting healthy and orderly development [1][2]. Group 2: Economic and Environmental Impact - The application of these standards has resulted in significant recovery rates for key metals, with nickel, cobalt, and manganese recovery rates reaching 99.6% and lithium recovery rates at 96.5%, contributing to green and sustainable development [1][2]. - The "Recycling of Lithium-ion Battery Regeneration Black Powder" standard aims to improve product quality and ensure environmental safety during the smelting process, addressing the lack of unified technical requirements and quality standards [2]. Group 3: Challenges and Future Directions - The complexity of power battery structures and diverse application scenarios pose challenges for efficient recycling [2]. - The Ministry of Industry and Information Technology emphasizes the need for strict enforcement of mandatory standards to prevent the reuse of old power batteries in electric bicycles [3]. - The State Administration for Market Regulation is actively promoting the establishment of international standards for battery recycling, with a proposal for an IEC international standard already approved [3].

Core Insights - The rapid development of the new energy vehicle industry has positioned China as a major producer and user of power batteries, leading to an impending large-scale retirement phase for these batteries [1] - 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, with projections indicating that the market will surpass 100 billion yuan by 2030 [1] Group 1 - Since the 13th Five-Year Plan, the Ministry of Industry and Information Technology (MIIT) and the State Administration for Market Regulation have issued over 30 national and industry standards related to power battery recycling, establishing a preliminary standard system [1] - The implementation of standards such as "Vehicle Power Battery Recycling and Utilization Disassembly Specifications" has led to significant industry promotion, resulting in high recovery rates of nickel, cobalt, and lithium, achieving 99.6% and 96.5% respectively [1][2] Group 2 - The complex structure and diverse application scenarios of power batteries pose challenges for efficient recycling, prompting the establishment of a national standardization technical committee for power battery recycling [2] - The MIIT is prioritizing the development of mandatory national standards to ensure safety in key recycling processes, including the formulation of safety technical requirements for battery disassembly and crushing [2]

Core Insights - The rapid development of the new energy vehicle industry in China is leading to a significant increase in the scale of retired power batteries, with an expected recovery volume exceeding 300,000 tons in 2024, corresponding to a market size of over 48 billion yuan [1][2] - The Chinese government has issued 22 national standards for power battery recycling, covering various aspects such as general requirements, management norms, disassembly standards, and recycling processes, which support the high-quality development of the recycling industry [2][3] - The implementation of these standards has resulted in significant recovery rates for materials, with some companies achieving nickel-cobalt-manganese recovery rates of 99.6% and lithium recovery rates of 96.5%, promoting sustainable development in the industry [2] Industry Developments - The Ministry of Industry and Information Technology, in collaboration with the State Administration for Market Regulation, will accelerate the revision of green design standards for power batteries, encouraging manufacturers to adopt resource-saving and easily recyclable product designs [3] - The government is also working on mandatory national standards for safety in battery disassembly and recycling, as well as enforcing safety standards for lithium-ion batteries used in electric bicycles, prohibiting the reuse of retired power batteries in this sector [3] - The ongoing development of foreign language versions of national standards aims to enhance the international influence of Chinese standards and promote the global application of power battery recycling technologies [2]

Core Viewpoint - The National Market Regulation Administration has established national standards for the recycling and utilization of power batteries, emphasizing the importance of strategic metals like lithium, cobalt, and nickel in the context of the rapidly growing electric vehicle industry [1][2] Group 1: National Standards and Regulations - The National Market Regulation Administration has implemented national standards that require a comprehensive recovery rate of no less than 98% for nickel, cobalt, and manganese, and no less than 85% for lithium [1][2] - These standards are designed to support the development of "urban mines" from power batteries, ensuring the recovery of important metal resources [1] Group 2: Recycling System and Process - The standards provide detailed guidelines for the construction of recycling service points, including site selection, facilities, and personnel requirements, ensuring compliance and safety throughout the battery recovery process [1] - The regulations aim to prevent environmental pollution and safety incidents, laying a solid foundation for subsequent comprehensive utilization [1] Group 3: Key Intermediate Products and Resource Efficiency - The national standard for recycled black powder defines its properties, chemical composition, and harmful substance limits, which is crucial for improving the quality of domestic recycled black powder and ensuring environmental safety in downstream smelting processes [2] - The standards set strict resource recovery rate indicators, promoting investment in advanced recycling technologies and optimizing processes to maximize the recovery of important metal resources [2]