At the Davos 2024, the words of Zeng Yuqun, attracted global attention. What he proposed is not how to renovate the batteries, but how to turn the used batteries into valuable resources for the CATL. Battery recycling problem is a key problem, lithium, nickel, cobalt prices have been sold to hundreds of thousands of yuan a ton. At the same time, the battery recycling is directly related to the environmental protection issues.
Ni Jun, chief manufacturing officer of CATL, has previously shown that Ningde Times has become the world's largest battery recycler of electric vehicles, with recovery rates of more than 99 percent of nickel, cobalt and manganese, and lithium of more than 90 percent. Behind this achievement is the excellent performance of Brunp, a subsidiary of CATL, whose data of "nickel-cobalt-manganese recovery rate of more than 99%, and lithium recovery rate of more than 90%" is impressive. In 2042, there will be no need to mine lithium, and existing batteries can be recycled.
Under the multiple challenges of technology, economy and scale, CATL is leading the global battery recycling industry to a greener, more efficient and sustainable future with an innovative and cooperative attitude. China's lithium battery recycling is leading the world, which also solves the worries of battery recycling for the rapid development of new energy vehicles in China, reduce environmental pollution, and complete the commercial closed loop. The technology is very social and economic benefits.