Global Organization
China is faced with an enormous wave of batteries ready for reuse and recycling stemming from the world’s largest EV uptake starting around six years ago. In the last six months, the Chinese government has issued a series of new directives to ensure the battery reuse and recycling industries can effectively expand to scale. * * *
Currently, estimates sourced in Chinese media report that only around 30 – 40% of battery materials are being recycled. The nascent industries are plagued by several growing pains, such as a lack of standard battery technology, patchy battery recycling technology and lagging reuse processes, making each recycling process different and costly.
Chinese companies like CATL and GEM Co, Ltd have taken the lead in the battery recycling market, using advanced technologies to maximize the reuse rate of critical materials. These companies employ cutting-edge extraction methods to reclaim valuable components from used batteries, which can then be reintegrated into the production cycle.
Currently, two major companies – Brunp and GEM – now represent around 50% of all official battery recycling business in China. This list has more recently grown to a total of 47 whitelisted companies. Brunp is a subsidiary of CATL, the world’s largest producer of batteries.
This not only makes sense for geopolitical and environmental reasons but also because battery reuse and recycling is big business. Some estimates in Chinese media see the battery recycling market in China reaching RMB 26 billion (3.59 billion euros) by 2025 but figures for market value and volume of battery materials recycled in China vary wildly.
China's taking the lead in EV battery recycling. Photo: Asia Times Files / X Screengrab / AFP As the electric vehicle (EV) market surges worldwide, battery recycling and circular economy initiatives have become essential to the global green transition.
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