Although China's automobile industry started late, it is still not as good as many developed countries, but from the perspective of the new energy automobile industry, China is leading a lot. According to the report data of the Chinese Academy of Social Sciences, China's new energy vehicles have long become the world's first, and they are in an annual growth situation.
Moreover, not only the number of ownership has increased, but the sales of new energy vehicles have also increased year by year. Official data shows that by November 2021, sales of new energy vehicles will reach 2.99 million units. It is worth mentioning that at the beginning of 2022, a number of car companies reported "good news", and the sales of new energy vehicles in 2021 broke the record, and it seems that the annual sales of more than 3 million are already a foregone conclusion.
At the same time, CICC also predicts that in 2022, the sales volume of new energy vehicles in China may reach 5 million, which shows how well the new energy automobile industry is developing. And if this industry develops well, it will also lead to the "outbreak" of another industry.
Another line will "erupt"
The sales of new energy vehicles have risen year by year, and the sales of power batteries as its core have naturally risen, which has also promoted the vigorous development of the battery industry. However, this time it is not the battery industry, but the power battery recycling industry.
Compared with the car, the life of the power battery is shorter, generally maintained at about 4-8 years, once the life is reached, the battery must be replaced, then the original old battery must be recycled. Therefore, the annual increase in automobile sales and battery sales means that the amount of recycled batteries in the future is getting larger and larger.
As early as 2013, when China's new energy vehicles began to explode, we should realize that the past two years are the time period that ushered in the outbreak of the battery recycling industry. Judging from the 2021 industry white paper released by China Battery Industry Research Institute and other institutions, the theoretical recovery of lithium-ion batteries in China in 2020 has reached 478,000 tons.
Among them, the recovery of automobile power batteries is far higher than that of other lithium batteries, reaching 257,000 tons. EVTank is also expected to recover 988,000 tons of lithium-ion batteries in China by 2025. After all, the sales of new energy vehicles are rising, so it is expected that the battery recycling will be higher and higher in the future.
In 2030, the scale will reach 107.43 billion yuan
So since the battery needs to be recycled, the industry will produce. According to relevant information, battery recycling is not only for environmental protection, but also to be able to reuse waste batteries and achieve resource regeneration, which is of great significance. Therefore, the development of the entire industry is bound to be supported by national policies, and with the development of the new energy automobile industry, the scale of this industry will become larger and larger.
If you look at global data, according to MarketsandMarkets, the global size of this market is expected to reach $12.2 billion by 2025, or about 77.6 billion yuan, and by 2030, it will reach $18.1 billion, or about 115.1 billion yuan.
At the same time, this data also predicts that by 2030, China will become one of the world's largest power battery recycling markets. According to the research report of East Asia Qianhai Securities, under conservative estimates, in terms of the annual increase of 2% in material prices, by 2030, the size of China's power battery recycling market will reach 107.43 billion yuan.
That is to say, in about 8 years, this line will become a large market with a scale of 100 billion. However, even in such a promising industry, few people do it today.
Very few people do it
It's not that no one is doing it, though, but on the contrary, it's popular today. According to the data of the enterprise investigation, the number of enterprises related to waste battery recycling in 2021 reached 26646, which directly increased by 358.07% year-on-year. It's just that in this industry, there are too few real formal enterprises.
At the end of December 2021, the Ministry of Industry and Information Technology released the third batch of "white list" enterprises in the power battery recycling industry, plus the two batches previously announced, there are only 47 "regular troops" in China. In the 2021 industry white paper mentioned above, it is also said that many power batteries have flowed to some informal enterprises.
Therefore, although power battery recycling has potential and is a future industry of 100 billion, it may be a long way from the entire industry specification. However, China's power battery recycling industry system has been initially built, according to the Ministry of Industry and Information Technology data, by the end of October 2021, the country has built 10,048 power battery recycling service outlets, and the future will be more and more.
In general, in the future, the sales volume of new energy vehicles in China will become higher and higher, and the decommissioning of power batteries will also increase, so China needs to vigorously develop the power battery recycling industry and build a perfect system. Although there are not many regular troops at present, the recycling system has been initially completed.
In the future, we only need to wait patiently, and the current "small flower" of the power battery recycling industry will eventually grow into a "towering tree". Have you ever bought a new energy vehicle? What do you think about this line? Feel free to leave a message in the comments section.