According to national regulations, when the power battery capacity decays to less than 80% of the rated capacity, it faces retirement and forced recycling. Recently, due to the sharp rise in the prices of raw materials such as nickel, cobalt and lithium, the recycling price of power batteries has also soared. In a waste battery recycling factory in Longnan, Ganzhou, Jiangxi Province, the person in charge said that at the lowest point last year, the price of recycling was only 60% compared with that of new products. Now the discount coefficient has basically doubled, and 120% has been dared to shout.
According to the data of China Automotive Technology Research Center, in 2020, the number of Shanxi Guoxin Energy Corporation Limited(600617) vehicles has reached 4.92 million, and 200000 tons (about 25gwh) of power batteries have been retired. In 2025, the capacity of waste power batteries to be recycled in China is expected to reach 137.4gwh, five times higher than that in 2020.
According to the theme database of financial Associated Press, among the relevant listed companies:
The first phase production line of recovery, treatment and resource utilization of Guangdong Weima new energy lithium battery, a holding subsidiary of Guangdong Dcenti Auto-Parts Stock Limited Company(603335) , has entered normal production and operation.
Tianqi jintaige, a wholly-owned subsidiary of Miracle Automation Engineering Co.Ltd(002009) , has carried out waste battery recycling business for many years, and has achieved all metal extraction processes for lithium-ion batteries, and the recovery level is higher than the industry average.
