Beijing (Gasgoo)- Chinese intelligent equipment company Miracle Automation Engineering Co., Ltd. ("Miracle Automation") announced on Sept. 1 that it has entered into a strategic framework agreement with battery manufacturer, EVE Energy Co., Ltd. ("EVE Energy"), to jointly build a closed-loop system for lithium-ion batteries covering manufacturing, application, reverse recycling, and regeneration.
The two sides will integrate their respective strengths across the battery value chain, including cell production, cascade utilization, recycling technologies, global collection networks, and cathode material development. They plan to establish a stable information-sharing mechanism to track supply-demand trends, pricing, and technology developments for key commodities such as raw metals, recycled materials, and battery products.
Under the agreement, Miracle Automation's overseas recycling resources—including collection sites, dismantling facilities, and hydrometallurgical plants—will be designated as EVE Energy's official recycling points for compliant disposal of end-of-life batteries in global markets. The companies aim to expand coverage of an international recycling network and improve reverse supply chain efficiency.
The partners also intend to develop an innovative pricing mechanism for recycled materials, highlighting their low-carbon value and aligning with global carbon-neutrality goals. In addition, Miracle Automation committed to prioritizing the procurement of new, high-grade batteries from EVE Energy to support its robotics and other product applications, with both parties establishing a long-term supply and technical support mechanism.
