Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsCar Insight
Language: 
Report: China’s EV battery scrap market to value 10.7 billion yuan by 2020
China is estimated to see 200,000 mt of EV battery scrap by 2020
China is estimated to see 200,000 mt of electric vehicle (EV) battery scrap by 2020, according to a local news report, citing data from China Automotive Technology & Research Centre.
Recovery rates for cobalt and lithium carbonate stand at 95% and 85%, respectively, based on current technology. The overall EV battery scrap market is likely to value up to 10.7 billion yuan by 2020 and up to 24.5 billion yuan by 2024, based on the current price trends of cobalt and lithium carbonate, the report noted.
New-energy vehicles
Electric vehicles
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Panasonic plans to increase Tesla battery capacity and will invest more than 100 million US dollars
These are some news about lithium battery manufacturers today.
Aug 20, 2020 14:35
China extends purchase tax exemption for new energy vehicles
China will continue to waive purchase taxes on NEVs until the end of 2020
Jul 1, 2019 11:23
Henan steps up NEV promotion
New public fleets including buses, taxis and sanitation trucks across the province all will be NEVs
May 28, 2019 15:03
Report: China’s Baoneng Group to develop EV power battery
The company, Shenzhen Hongpeng New Energy Technology (Shenzhen Hongpeng) was registered on Nov 19
Nov 21, 2018 14:17
SMM Events & Webinars
All- Nov24
2024 SMM Middle East Secondary Metal Field Trip
Nov 24 - Dec 01,2024UAE
- Apr09
NET ZERO MEA - Solar & Energy Storage
Apr 09 - 10,2025MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
- Apr09
2025 SMM (20th) Lead & Zinc Conference and Industry Expo
Apr 09 - 11,2025To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange pNanjing · Jiangsu ·China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
