[SMM Analysis] Dinuosi and EVE Jointly Build a National Lithium Battery Recycling Network

As the first batch of NEV power batteries enter the phase of large-scale retirement, how to handle used batteries efficiently and in an environmentally friendly manner has become a practical issue that the entire industry must address.

Recently, Beijing Dinuosi New Energy Technology Co., Ltd. and the leading lithium battery manufacturer EVE Energy Co., Ltd. announced a strategic partnership to jointly establish a nationwide lithium battery recycling network and service system. This collaboration marks a significant step forward in building a closed-loop industry chain for lithium batteries, offering a new model for the power battery recycling sector, which is currently facing a peak in retirements.

Leveraging its geographical advantages in Beijing and the recycling service outlets established by its subsidiaries Shanxi Dinuosi and Hainan Xinyu New Energy Technology Co., Ltd. in North China, Central China, the Chengdu-Chongqing region, and Hainan, Beijing Dinuosi has already built comprehensive utilization production sites in Shanxi and Hainan, respectively.

EVE, on the other hand, is a leading enterprise specializing in the R&D, production, and sales of consumer batteries, power batteries, and ESS batteries. It has established a comprehensive R&D platform covering materials, battery cells, BMS, and systems.

The partnership will integrate both parties' resources and information channels across the entire lithium battery recycling industry chain, including lithium battery manufacturing, second-life applications, disassembly recycling, global recycling networks, and R&D and production, forming a cooperative mechanism for information sharing and market synergy.

In the next step, the two companies plan to capitalize on the historic opportunity of Hainan's customs closure to jointly develop a recycling demonstration project in Hainan.