Report: Jiangsu establishes EV battery recycling alliance

In the face of the rapidly growing new energy vehicle sector, East China’s Jiangsu province established an industrial alliance for the recycling and re-use of NEV power batteries.

The inaugural meeting for the alliance was held in Nanjing on Friday May 24, according to the report by Xinhuanet.com.

The alliance is led by China Tower in Jiangsu and State Grid in Jiangsu, supervised by the provincial ministry of industry and information technology.

It consists of hundreds of automakers, battery makers, automotive service providers, dismantling plants, recyclers, re-users, research institutions and financial service providers.