[Ninebot and GEM Start the First Lithium Battery Recycling Project in the Two-wheeled Electric Vehicle Industry] According to news on October 18, yesterday, Ninebot and Wuhan Power Battery Recycling Technology Co., Ltd., a subsidiary of GEM Co., Ltd., the world's largest power battery recycling enterprise, reached a cooperation agreement in Wuxi, Jiangsu Province. Both parties will take Ninebot stores as the touchpoints and use the "GEM Recycling" digital platform and recycling network system to jointly carry out lithium battery recycling business for the entire range of products under Ninebot, including electric two-wheelers, electric scooters, electric balance bikes, etc.
Ninebot stated that this is also the first lithium battery recycling project in China's electric two-wheeled vehicle industry that is led by a production enterprise.
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