What Are The Characteristics Of Auto Companies In Power Battery Recycling?

- Dec 23, 2019-

Power battery recycling is opening up a new market blue ocean.


In fact, due to the mandatory requirements of the policy, the blue ocean of the 10 billion market, and recycling subsidies (the first subsidy for power battery recycling in Shenzhen), vehicle companies, power battery companies, materials companies, third-party recycling companies, cross-border listed companies Many other forces are actively pouring into the field of power battery recycling.


As the main body of power battery recycling, car companies dominate the pace and process of the entire industry. The formulation and implementation of its strategy will affect the focus of other participants. High-tech lithium batteries have found out that their power in power The following characteristics appear on battery recycling:


First, the current recycling methods of auto companies have mainly chosen to establish power battery recycling service outlets. According to the information released by the Ministry of Industry and Information Technology of new energy vehicle power battery recycling service outlets, as of January 2019, a total of 45 companies have applied for 3204 recycling service outlets, of which some outlets provide recycling services to multiple car companies. After sorting out the duplicated reporting outlets, there were a total of 2,075 recycling service outlets, with an average of 46 recycling outlets reported by each car company. Among them, there are 465 domestic brands Geely Automobile and 260 Jinlong Automobiles.


Secondly, another prominent feature is that in terms of the strategic layout of recycling, car companies have very few singles. The general trend is to choose to cooperate with third-party recycling companies or battery companies. At present, the regular manufacturers mainly involved in battery recycling are mostly third-party recycling companies such as Guanghua Technology, GEM, Ganzhou Haopeng, Hunan Bangpu, etc., and lithium battery materials companies such as Huayou Cobalt, Tianci Materials, etc., and power battery companies such as BYD. , Guoxuan Hi-Tech, Ningde Times, etc.


The following are the specific car companies in the field of power battery recycling:


01, BYD


BYD and GEM reached a cooperation in September 2015 to jointly build a recycling system of materials recycling-battery recycling-new energy vehicle manufacturing-power battery recycling. In January 2018, the company signed a strategic partnership agreement for new energy power battery recycling with China Tower Corporation.


02, SAIC Group


In March 2018, SAIC Group (600104) and Ningde Times signed a Memorandum of Understanding on Strategic Cooperation to discuss the joint promotion of new energy vehicle power battery recycling.


On January 10, 2019, SAIC-GM-Wuling Automobile Co., Ltd. and Penghui Energy signed a strategic cooperation agreement, and the two parties will carry out in-depth cooperation in the field of new energy vehicle battery power. According to the agreement, the two parties will leverage their own resource advantages to jointly develop and produce related step-up products.


03, BAIC New Energy


As early as June 2016, BAIC New Energy and Xinxiang Battery Research Institute established Beijing Carrier Battery Technology Co., Ltd. in Beijing to fully integrate the industry's market, technology, materials, batteries, decommissioned batteries, and decompose resources to develop a new system Research and innovation of battery development and step utilization.


04, GAC New Energy


The self-built power battery energy storage field of the GAC New Energy Intelligent Ecological Factory can recycle the power battery for step-by-step use, store surplus electrical energy, and the first-phase energy storage capacity reaches 1,000 kWh, truly achieving sustainable development.


05, Changan Automobile


In January 2018, 16 complete vehicle and battery companies including Chongqing Changan, BYD, and Yinlong New Energy signed a strategic partnership agreement with China Tower Corporation on the recycling of new energy vehicle power batteries.