Recycling of used lithium-ion batteries is a key link in the transition to clean energy. It can safely dispose of heavy metals and corrosive substances in batteries to protect water, soil and air; extract scarce metals such as lithium, cobalt and nickel to ease China's external dependence on resources and help reduce carbon emissions.
In the future, the surge in new energy vehicles will lead to a rise in the number of decommissioned power batteries, bringing potential to the recycling market. Driven by technology, policies and industrial synergy, the industry will develop on a large scale, improve the new energy industry chain and become a new growth pole of the green economy. Despite challenges, the prospects are broad.