On September 17, 2025, an announcement drew significant attention in the global battery industry. Chinese recycling giant GEM signed a memorandum of understanding with U.S. technology innovation enterprise Ascend Elements (AE), and the two parties will jointly explore the European lithium power battery recycling market.

On the evening of September 27, 2025, the Jiangsu Provincial Department of Commerce issued the "Announcement on Adjusting the 2025 Jiangsu Province Automotive Trade-in Policy," clarifying that the vehicle replacement and renewal subsidy policy would be suspended starting from 24:00 on September 28, 2025, and that quota management would be implemented for vehicle retirement and renewal.

On September 17, 2025, an announcement drew significant attention in the global battery industry. Chinese recycling giant GEM signed a memorandum of understanding with U.S. technology innovation enterprise Ascend Elements (AE), and the two parties will jointly explore the European lithium power battery recycling market.

The battery capacity increased by approximately 25%, and the driving range increased by nearly 150 kilometers. In September 2025, the Japanese electronics giant Panasonic announced that it is expected to develop anode-free battery technology within approximately the next two years. As a major battery supplier for Tesla, this move by Panasonic has attracted widespread attention in the industry.

Review of the Lithium Battery Recycling Market Before the National Day Holiday

Jiangsu Province Adjusts the 2025 Automobile Trade-In Subsidy.

This Week's Recycling Event Progressed as Follows:

This Week's Recycling Event Progressed as Follows:

This week's market feedback indicates that while lithium carbonate prices have remained stable, recycling enterprises generally maintain a cautious attitude towards lithium salt prices due to previous fluctuations. Subsequently, the Democratic Republic of Congo adjusted its cobalt export policy. This change directly pushed cobalt prices upward, which in turn drove prices for spent ternary and lithium iron phosphate cells higher. This bullish sentiment further transmitted to the cascaded use market, intensifying inventory holding behavior among suppliers. On the demand side, companies widely believe that current cascaded use prices are already near their psychological upper limit. With a continued standoff between supply and demand, cascaded use market prices have temporarily remained stable.

Recycling Industry Events This Week (September. 22-27)