[SMM Analysis: A Brief Overview of the New Requirements for the "Recycled Black Mass Standard for Lithium-Ion Batteries"]
SMM, February 13: Recently, to facilitate the 2025 automobile trade-in program and make it easier for consumers to apply for subsidies, according to the "Notice on Effectively Carrying Out the 2025 Automobile Trade-In Program" (Consumption Letter [2025] No. 8, hereinafter referred to as the "Notice") issued by the General Offices of the Ministry of Commerce and seven other departments, the purpose of this revision is to further promote equipment upgrades, expand support for trade-in programs for consumer goods, and accelerate the improvement of recycling and circular utilization levels. The main key points are as follows:
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