Groundbreaking Ceremony for 100,000-ton New Energy Vehicle Battery Recycling Project in Zhejiang

【The First Phase of the 100,000-ton New Energy Vehicle Battery Recycling and Material Remanufacturing Project Begins】According to the Suichang News, the groundbreaking ceremony for the Weifu Technology (Lishui) Co., Ltd.'s 100,000-ton new energy vehicle battery recycling and material remanufacturing project (first phase) was held in the Suichang Economic Development Zone of Zhejiang recently.

The project, which is being constructed, is the first retired lithium battery resource recycling production line built by Weifu Technology in China, with a total investment of 2 billion RMB. It will be constructed in three phases, and is expected to reach an annual output value of 6-7 billion RMB after full operation. It will make an important contribution to the growth and development of the new energy industry in Suichang.