Dongguan Liushi Lithium Technology Co., Ltd.

Challenges and opportunities for small and medium-sized lithium battery enterprises under the battery circular economy

Recently, CATL has proposed a battery circular economy project, reached a new cooperation with NIO's battery swap project, and reached a strategic partnership with the Ellen MacArthur Foundation in Europe, which brings new opportunities to the global circular economy field and global climate challenges, and is also a new opportunity and challenge for the global lithium battery industry.

1. Accelerate industrial technology upgrading and rewrite industry standards.

In the battery circular economy, the recycling and reuse of batteries is a top priority. Small and medium-sized enterprises are limited by the lack of capital and technology, and it is difficult to keep up with the development of the battery circular economy; As an industry leader, CATL's investment in technology will eventually benefit the entire industry, and for small and medium-sized enterprises, seizing the opportunity and striving for transformation is the way to the future.

2. Closing the entire industrial chain and enhancing resource utilisation.

CATL's investment in technology has significantly increased the recycling and reuse of batteries, reducing its reliance on raw materials for lithium batteries. For small and medium-sized enterprises, it is difficult to achieve economies of scale, leading to persistently high material prices; technological updates and iterations will decrease the entire industry's dependence on raw materials.

3. Expand the application environment of lithium batteries and refine the development direction.

Lithium batteries need to transition from industry to households, and the development direction requires further exploration. Small and medium-sized enterprises in the transformation process should identify their own direction and develop core competitiveness.

4. Take the road of green and sustainable development

The battery circular economy reduces the dependence on imported lithium battery raw materials, reduces the damage to the environment, and takes the path of green development.

5. Opportunities brought by the tide of power battery retirement

At present, lithium batteries are more and more widely used in new energy vehicles, which also lays the groundwork for the retirement of power batteries in the future, and is also the main source of materials for the future battery circular economy.

The battery circular economy is not only a new industry growth point, but also an important part of China's green development path. Under the tide of history, only by conforming to development can we have a future.