BAIC Blue Valley's Subsidiary Forms Business Scale in Recycling and Utilization of Power Batteries

BAIC Blue Valley: Business scale has been formed in the recycling and utilization of power batteries

On January 19th, BAIC Blue Valley stated on the interactive platform that its subsidiary Blue Valley Energy Company has been selected as an enterprise that meets the "Comprehensive Utilization Industry Norms for Waste Power Batteries of New Energy Vehicles" published by the Ministry of Industry and Information Technology. The business covers three major areas: charging and swapping, battery services, and data operations. Among them, the recycling of automotive power batteries is an important business in the battery services sector. Blue Valley Energy has deeply cooperated with upstream and downstream companies in the industrial chain to establish a recycling and sales network, forming a business scale in the recycling and utilization of power batteries. Previously, BAIC Blue Valley also revealed that there is certain business cooperation with Beijing Automotive Group's off-road vehicle company in battery recycling and body prototype manufacturing.