On February 3, eight departments including the Ministry of Industry and Information Technology (MIIT) jointly issued a notice to promote the comprehensive automotive electrification by carrying out pilot work pilot from 2023 to 2025. The aim is to improve the power battery scrap recycling system.
Looking back on 2022, a total of 300,258 mt of lithium battery scrap was recovered (including scrap in the form of battery, pole piece and black mass). Among them, the recycling volume of ternary battery scrap was 188,692 mt, accounting for 63%, LFP battery scape 94,551 mt, accounting for 31% and LCO battery scrap 17,015 mt, accounting for 6%.

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