Govt to create circular economy for electric power batteries By CAO YINGYING | China Daily | Updated: 2021-07-19 08:06 Share CLOSE Workers assemble batteries at a plant in Huaibei, Anhui province. [Photo by Wan Shanchao/For China Daily]
The Chinese government has released a plan to reduce the impact that batteries used in new energy vehicles have on the environment, as NEVs continue to grow in the automotive sector as a whole.
The plan focuses on how batteries remaining power is utilized after their primary use, as well as more effective recycling.
According to a five-year plan for developing the circular economy released by the National Development and Reform Commission earlier this month, China will step up building a traceability management system for NEV batteries.
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Plan spotlights vehicle battery use By CHENG YU | China Daily | Updated: 2021-07-08 09:17 Share CLOSE Employees work on a lithium battery production line in Huaibei, Anhui province, in November. [Photo by WAN SHANCHAO/FOR CHINA DAILY]
China will accelerate efforts to recycle new energy vehicle batteries in line with a five-year plan for developing circular economy unveiled on Wednesday, experts said.
The country is expected to reach a peak in battery replacement by 2025.
According to the plan released by the National Development and Reform Commission, the top economic regulator, China will step up building the traceability management system for new energy vehicle or NEV batteries.
China will accelerate efforts to recycle new energy vehicle batteries in line with a five-year plan for developing circular economy unveiled on Wednesday, experts said.
According to the plan released by the National Development and Reform Commission, the top economic regulator, China will step up building the traceability management system for new energy vehicle or NEV batteries.
More measures will be taken to promote NEV manufacturers to set up recycling service networks by themselves or through cooperation with upstream and downstream industry players, the plan said.
Wang Binggang, honorary consultant of the China Society of Automotive Engineering and an academician of the International Eurasian Academy of Sciences, said: China s electric vehicle industry has entered a new stage of rapid growth with the battery industry initially taking shape. It is strategically important for the country to have stable battery resources and a sound battery recycle system.
Operator
Hello, ladies and gentlemen. Thank you for standing by for the first-quarter 2021 earnings conference call for XPeng Incorporated. [Operator instructions] Today s conference call is being recorded. I will now turn the call over to your host, Mr.
Xiling Ma, director of investor relations of the company. Please go ahead Mr. Ma.
Unknown speaker
Thank you. Hello, everyone and welcome to the XPeng s first-quarter 2021 earnings conference call. Our financial and operating results were issued by newswire services earlier today and are available online. You can also view the earnings press release by visiting the IR section of our website at ir.xiaopeng.com.