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Similarly, the South Korea market, because the rapid rise in electric vehicle market, the dynamic lithium battery recovery market has gradually become a "potential stock". The government actively promotes the popularity of electric vehicles, cars and battery manufacturers have also begun to pay attention to the upcoming large-scale waste battery recycling solutions, and relevant companies are accelerating the R & D speed of recycling technology for waste batteries. South Korea's domestic dynamic lithium battery manufacturers have taken action.
Korean media said that South Korea's Skinnovation announced that "the company has been independently developing technology from electric vehicles to extract high-purity lithium hydroxide", which is expected to complete research and development within the year. "The company said that the earliest start from next year, recycling and re-use technology can be put into commercial use. Skinnovation's "old family", South Korea's largest battery manufacturer LG chemistry is also the benevolent.
LG Chemistry and Australian Waste Battery Recycling Use the company "Envirostream" to work together (related reading :), starting battery recycling in Australia. Samsung SDI also said, "We believe that from the rise potential of the waste battery market, this is a desirable market", "considering a variety of waste batteries to solve and recycle the recycling method". In addition, based on the latest news, South Korea plans to build its first electric car battery recycling factory in Lingguang County, Quan Lunan Road.
South Korea's many large companies have said that they should pay attention to the battery recycling market. It can be seen that the battery recovery is not only for "public welfare". From the perspective of merchants, the battery recovery can be variable.
Korean media reports that the battery system of general electric vehicles is generally 4-10 years, but if the battery performance fell below 70% during this period, consumers can replace the battery. Since 2012, my country's central electric motor market began greatly, and it is expected that in the next two or three years, the recycling demand for waste batteries will increase significantly. This year, the accumulated sales of electric vehicles are expected to exceed 6 million, and will rise at 20% -30% per year, while the waste battery will also present geometric magnitude.
It is reported that South Korea will also have battery recovery in two years. As of the end of May this year, South Korea has spread 69,000 electric cars, but the recycled electric car battery is only 112 pieces (0.16%).
An research report showed that after 2022, South Korea's number of waste batteries would increase sharply. After 2024, they will be born 10,000 waste batteries. In terms of battery recycling related experience, Korean media is more optimistic about my country.
They believe that my country has started earlier in the recycling of waste batteries because of its huge electric car market. According to industry news, my country has established 17 regions as a recycling industry base for waste batteries, and the government of each place is also based on regional industrial fundamentals to develop detailed business development models.
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