Economic research and suggestions on the recycling of waste power batteries for China’s new energy vehicles

Abstract

With the rapid promotion of the number of China’s new energy vehicles in promotion and application, it is of great significance to ensure the recycling of the waste power batteries. It can not only effectively reduce the safety and environmental protection risks brought by the waste power battery, but also alleviate China’s dependence on rare metals such as cobalt and lithium, which has been widely concerned by the industry. In this paper, the cost analysis model of waste power battery treated by hydrometallurgical process is established, and the economy of recycling of ternary material battery and LFP battery is compared and analysed, and the overall economy of the whole power battery recycling industry is analysed, and the relevant conclusions are obtained, and the relevant suggestions of recycling of power battery are put forward according to the analysis results, to provide reference for industry and related management departments.