Since the country has promoted the new energy vehicle power battery recycling policy, relevant departments of various provinces have established a power battery recycling industry alliance with a number of car companies, battery companies, and recycling companies. The cumulative number of power battery recycling industry alliances in Guangdong, Jiangsu, Gansu, Sichuan, Hunan Province, etc.

On July 30, the three pilot units of Changsha Research Institute of Mining and Metallurgy Co., Ltd., Iron Tower Energy Co., Ltd. Hunan Branch, and CRRC Times Electric Vehicle Co., Ltd. jointly initiated the establishment of the "Hunan Province New Energy Vehicle Power Battery Recycling and Utilization" "Industry Alliance" was established in Changsha.

The alliance will promote the construction of a shared power battery recycling network system, innovate key technologies, and improve local policies, regulations and standard systems.

At present, China Tower uses about 3GWh of echelon batteries in base stations in 31 provinces across the country, which has become the main channel for echelon utilization of retired power batteries across the country.

Tower Energy is a holding company recently established by China Tower, with a registered capital of 5 billion yuan. Tower Energy will mainly use power batteries as a carrier to expand social-oriented energy services such as power backup, power generation, power exchange, and power sales, and create a nationwide Specialized company for energy security and power services.

At present, China Tower uses about 3GWh of echelon batteries in base stations in 31 provinces across the country, which has become the main channel for echelon utilization of retired power batteries across the country.

Established in 2007, CRRC Times is the first company in my country to obtain the qualification for new energy vehicle manufacturing. It includes four major business segments: large and medium-sized passenger cars, light passenger cars, special vehicles and key components. It has built everything from IGBT components to drive motors, Key components such as battery management system, power system platform and whole industry chain platform of new energy vehicles manufactured by vehicles.

As we all know, the recycling of power batteries is a key link in the formation of a closed loop in the industry chain. While preventing and resolving the safety and environmental risks of decommissioned and scrapped power batteries, it is also conducive to promoting the sustainable development of the power battery and new energy vehicle industry chain, but recycling must be truly carried out. Work is not easy.

According to data from the Advanced Industrial Research Institute of Lithium Battery Research (GGII), the total scrap volume of power batteries in my country in 2018 reached 74,000 tons, and the total scrap volume of digital batteries reached 167,000 tons.

However, the current recycling volume of power batteries on the market is far lower than expected. In 2018, the recycling volume of power batteries in the market was 5472 tons, accounting for only 7.4% of the total scrap power batteries; the recycling volume of digital batteries was 106,300 tons, accounting for 63.6 of the total scrap volume. %, compared with the entire lithium battery scrap market, the expected recycling volume has not yet reached.

The reasons for the above phenomenon include unclear recycling-related systems, inadequate supervision, and inadequate technology to keep up.

However, with the acceleration of the commercialization of 5G and the large-scale retirement of lead-acid batteries, the power batteries recovered in the future will usher in rapid growth in the field of echelon utilization, and the market is expected.

It is estimated that after 2020-2022, with the approaching of the final scrapped life of power batteries, the amount of power battery recycling will usher in a "peak", and the market recycling volume will account for more than 20%.

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