Ningde era: talks are under way to build multiple electric vehicle battery recycling bins in Europe

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com June 28 news, Ningde era chief manufacturing officer Ni Jun said during the summer of Davos in 2023, Ningde era is already the world's largest electric vehicle battery recycler, the recovery rate of nickel, cobalt and manganese is more than 99%, and the recovery rate of lithium is more than 90%.

Last year, Wu Kai, chief scientist of Ningde Times, said at the 2022 Lithium Power Annual meeting that the company of Ningde era has built 221 battery recycling outlets, ranking first in 2021, accounting for 50% of waste power battery resources in the country.

Ningde Times had previously released the recycling data of its subsidiary Bang Pu cycle: "the recovery rate of nickel, cobalt and manganese is more than 99%, and the recovery rate of lithium is more than 90%."

CTOnews.com found that Guangdong Bangpu Recycling Technology Co., Ltd. was founded in 2005, Ningde Times is the largest shareholder, holding 52.87%, mainly engaged in resource recycling technology research and development, energy recovery system research and development, new material technology research and development.

Zeng Yuqun, chairman of Ningde Times, said at the 2022 World Power Battery Congress that Ningde Times is strengthening the recycling of battery materials because most of the materials in batteries can be reused. At present, the recovery rate of nickel, cobalt and manganese in Ningde era has reached 99.3%, and lithium has reached more than 90%. After 2035, Ningde era will be able to recycle the materials in retired batteries to meet a large part of the market demand.