China Strengthens Regulatory Framework for Power Battery Recycling
[Policy Update] China is accelerating the establishment of a compliant system for the recycling and utilization of power batteries to address global competition and environmental challenges.
Key Data: 1.2 Million Spent Batteries Globally by 2030
According to the International Council on Clean Transportation, spent batteries from electric vehicles worldwide will reach 1.2 million units by 2030, surging further to 14 million units by 2040. As the world's largest producer and seller of new energy vehicles, China is expected to exceed 400,000 metric tons in comprehensive utilization of spent power batteries by 2025.
Strategic Foundation: Strong Regulation Reshapes Industry Landscape
Through robust regulation and binding constraints, China is restructuring the power battery recycling industry chain and advancing carbon management across the full lifecycle. This move is not only critical for the industry’s sustainable development but also a key factor in enhancing the global competitiveness of China’s new energy vehicles.