
China Establishes Initial Power Battery Recycling System
Zhang Yunming, Vice Minister of China's Ministry of Industry and Information Technology (MIIT), said that China has initially established a recycling system for power batteries.
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Zhang Yunming, Vice Minister of China's Ministry of Industry and Information Technology (MIIT), said that China has initially established a recycling system for power batteries.
Leading Chinese battery firm CATL announced on January 15 that its subsidiary, Brunp, plans to invest 23.8 billion yuan ($3.52 billion) in Foshan, Guangdong Province to build an integrated new material industry production base.
On July 26, the Korean electric vehicle battery manufacturer LG Energy Solution announced that it would establish a battery recycling joint venture in China with the Chinese new energy Li-ion battery material research and development manufacturer, Huayou Cobalt.