【Industrial Info】 Recycling, new business opportunities emerge

Facing the global goal of net zero carbon emissions, the implementation of

electric vehicles has become one of the methods for solving air pollution and

energy saving and carbon reduction in countries around the world. The global

demand for lithium batteries has also increased significantly. However, how to

recycle these retired lithium batteries? It has become the development focus of

various factories competing for investment. According to the estimates of the

research institute MarketsandMarkets, the global lithium battery recycling market

scale will be about 600 million US dollars in 2020, and will increase to 10.7 billion

US dollars in 2030, with an annual growth rate of about 19.4%, giving birth to new

battery recycling business opportunities.           

Source: https://money.udn.com/money/story/11162/6313603