The average service life of power battery is 5-8 years, and its performance decays with the increase of charging times. When the battery capacity decays to less than 80% of the rated capacity, power battery is no longer suitable for electric vehicles.However, after detection, maintenance and reorganization of retired batteries, they can still be further utilized in many fields such as energy storage, distributed photovoltaic power generation, household electricity consumption and low-speed electric vehicles.When the battery cannot be used in cascade, it needs to be recycled and disassembled for recycling treatment.

In recent years, policies on the recycling of new energy waste power cells have been continuously favorable, and the policy and regulatory system for the recycling of power cells has been increasingly improved.It can be predicted that with the implementation of the new policy, there will be more enterprises inside and outside the industry to start the layout of power battery recycling business in the future, and third-party leading enterprises with a dominant position will benefit a lot.

Power lithium battery scrap peak is approaching

According to the power battery PACK released forward-looking industry institute industry development prospects and investment strategy analysis report, according to the latest statistics by commercial vehicle battery life and passenger car 5 years 3 years battery life, assumes that the lithium battery recovery value of 0.3 yuan/wh calculation, power lithium battery recycling market in 2018 is expected to reach 14.03 Gwh, power lithium battery recycling market will take shape in 2018, 2020 theory scrap will reach 37 Gwh, power li-ion battery recycling market scale will reach 11.1 billion yuan.In terms of battery types, lithium iron phosphate has a large amount and will enter the scrap peak first.