Ningde Times Nie Jun Will Establish Multiple Power Battery Recycling Stations in Europe and North America

Ningde Times' Nie Jun plans to set up power battery recycling stations in Europe and North America

【PhoneAuto News】Recently, PhoneAuto noticed that at the 2023 Summer Davos Forum, Ni Jun, the Chief Manufacturing Officer of CATL, stated that CATL is in talks with European partners to establish multiple electric vehicle battery recycling stations in Europe, and is also seeking partners to establish power battery recycling stations in North America.

Ni Jun

Ni Jun did not disclose the identity of the European partners or the details regarding the planned number of recycling stations. However, he mentioned that CATL is already the largest electric vehicle battery recycler globally, with a recovery rate of over 99% for nickel, cobalt, and manganese, and over 90% for lithium. According to Bloomberg analysis, CATL hopes to play a greater leading role in the entire electric vehicle battery supply chain, especially in the emerging but not yet mature field of battery recycling.

It is worth mentioning that Zeng Yuqun, the Chairman of CATL, also stated at last year’s World Battery Conference that the recovery rate of nickel, cobalt, and manganese at CATL has reached 99.3%, and lithium has exceeded 90%. By 2035, CATL can meet a large portion of the market demand using materials from retired batteries.

CATL Germany Factory

In addition, according to previous reports, CATL’s subsidiary, Bampu Recycling, has already established 21 battery recycling centers, and in 2021, the proportion of recycled waste power batteries nationwide reached 50%. In January of this year, CATL announced its plan to invest in the construction of an integrated new materials industry project in Foshan, Guangdong Province by its holding subsidiary, Guangdong Bampu. The total investment amount of the project does not exceed 23.8 billion RMB, and it will establish a production base capable of recycling 500,000 tons of waste battery materials, as well as manufacturing corresponding lithium iron phosphate cathode materials, ternary cathode materials, and regenerated graphite for negative electrodes. It is reported that CATL has already invested in the construction of battery manufacturing bases in Germany and Hungary.

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