Production Of Plug-Ins Exceeded 400,000 In 1H 2018 In China
Time for battery recycling
According to CAAM, production and sales of New Energy Vehicles in China amounted more than 400,000 – on track for probably more than a million for the full year and 2 million by 2020.
This is the time when the government needs to act quickly to prepare battery recycling requirements. Soon, a pilot project will be launched in 17 cities and regions.
In 2017, production of batteries for plug-in vehicles in China increased to 37.35 GWh. Because there is 102 companies that offers 355 different models (as of the end of March 2018) the needs of recycling soon will very important – “annual lithium battery waste could reach around 170,000 tonnes by 2020.”.
According to Reuters, many actions are planned:
- cities and regions would encourage car producers to establish recycling service outlets and cooperate with battery producers, used car dealers and scrap merchants to build regional recycling systems
- strictly control of the number of new enterprises involved in battery recycling and make full use of existing recycling bases in China in order to promote sustainable development in sector
- policies to support battery recycling, making full use of existing tax incentives and creating innovative new financing methods
- “traceability management platform” aimed at tracking the entire life cycle of electric car batteries from production to disposal