"New trend" of Battery Recycling

With the integration of the industrial chain, battery recovery upstream and downstream bundling step forward.
On February 27, Greene announced that it would work with Mercedes-Benz China, Ningde Times and Bond, a company owned by Ningde Times, to carry out battery recovery business.
The core content of this cooperation is that in the recycling of waste batteries, Mercedes-Benz-Mercedes-Benz decommissioned batteries in China will be handed over to Greene and Bump for treatment, and the recycled nickel, cobalt, manganese, lithium and other key raw materials will be resupplied to the Ningde era supply chain and used to produce Mercedes-Benz new batteries.
As can be seen, with Ningde era to launch a lithium mine rebate plan, through lithium carbonate 200000 yuan / ton price binding car company battery shipment order is similar. This cooperation in battery recovery business, through the cooperation with host manufacturers of waste batteries to bind upstream battery processing, manufacturing and terminal battery shipment, Ningde era to ship orders bundled upstream and downstream mode in the field of battery recovery.
As far as the business dynamics of battery recovery are concerned, the number of cases of cooperation among car enterprises, batteries and battery materials related enterprises is increasing, and the pace of industrial chain cooperation is constantly advancing, such as:
In August 2022, Ningde era cooperated with Xiexin Group in the field of heavy truck switching and battery recovery. In the aspect of power battery cascade utilization, according to the heavy truck + energy storage application scenario, the battery cost in the whole life cycle will be optimized to realize the cascade utilization of power battery in energy storage. The two sides will also actively explore innovative cooperation in the field of power battery recovery and work together with the upstream and downstream industrial chain to build a mobile energy ecosystem.