Toyota Group to Privatize Toyota Industries in Mobility Transformation Push

To strengthen the supervision and management of the recycling and utilization of waste power batteries from NEVs and related activities, and to promote the scientific and standardized recycling and utilization of waste power batteries, five departments, including the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Transport, the Ministry of Commerce, and the State Administration for Market Regulation, jointly issued the "Notice on Launching a Joint Law Enforcement Special Campaign to Regulate the Recycling and Utilization of Waste Power Batteries" today. To implement the work deployment of the "Action Plan" and in accordance with the requirements of the joint departmental regulation "Interim Measures for the Recycling and Comprehensive Utilization Management of Waste Power Batteries from NEVs," the "Notice" focuses on the prominent issues facing the recycling and utilization of waste power batteries from NEVs, takes the improvement of collaborative regulatory mechanisms as a key approach, strengthens full-chain supervision, and represents an important measure to regulate industry order.