The Market of Power Battery Recycling Worth Hundreds of Billions of Yuan is About to Take Off
2026-01-17 / Read about 0 minute
Author:小编   

In recent years, China's new energy vehicle industry has witnessed rapid development, with sustained growth in production and sales. Consequently, the amount of spent power batteries has been continuously increasing, and is about to enter a large-scale retirement phase. In 2024, the domestic power battery recycling volume exceeded 300,000 tons, with a market size surpassing 48 billion yuan. It is projected that by 2030, the market size will exceed 100 billion yuan. In 2025, the comprehensive utilization volume of spent power batteries from new energy vehicles in China will exceed 400,000 tons, representing a year-on-year increase of 32.9%.