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company news about The output value of power battery cascade utilization and recycling is expected to exceed 10 billion USD

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The output value of power battery cascade utilization and recycling is expected to exceed 10 billion USD
Latest company news about The output value of power battery cascade utilization and recycling is expected to exceed 10 billion USD

The Industrial Research Institute estimates that the total retired power battery in China will reach 137.4GWh in 2025, and the output value of cascade utilization and recycling is expected to exceed 100 billion yuan. It is predicted that in 2025, the capacity of waste batteries to be recycled in China will reach 960000 tons. In 2025, the amount of lithium, cobalt, nickel and manganese renewable through the recycling of power batteries will account for 27.7%, 55.5%, 28.7% and 47.9% of the corresponding demand respectively.

 

The power battery is an important part of new energy vehicles, accounting for a large proportion of the vehicle cost. From the service life of the power battery, the service life of the power lithium battery is generally 5-8 years, and the effective life is 4-6 years. Now, the first batch of new energy vehicles in China will usher in an upsurge of power battery retirement from the end of this year.

 

The power battery contains nickel, cobalt, manganese and other heavy metals. The lithium hexafluorophosphate in its electrolyte is easy to hydrolyze in the air environment, producing harmful substances such as phosphorus pentafluoride and hydrogen fluoride, threatening environmental safety. After the retirement of the power battery of new energy vehicles, there may still be 20-70% of the remaining capacity, which can be degraded for energy storage, power backup and other scenarios to maximize the use of residual energy. For example, the common hand-held small fan is likely to come from the retired battery.

 

At present, the power battery has begun to enter the stage of mass retirement, and the "money" of power battery recycling in the blue ocean market is emerging. According to EVTank data, the scale of domestic lithium battery recycling market will be 17 billion yuan in 2021, and will expand to 48.29 billion yuan in 2022. Around 2026, the scale is expected to exceed 100 billion yuan.

Pub Time : 2022-11-02 15:27:27 >> News list
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