Xinmao New Energy: One-Stop Battery Recycling Solutions
Xinmao New Energy provides comprehensive one-stop solutions for battery resource recycling, focusing on lithium-ion battery positive and negative electrode materials through physical recycling methods. The document highlights the urgency of battery recycling due to the rapid growth of new energy vehicle power batteries in China, with installed capacity increasing significantly from 2015 to 2023. Lithium iron phosphate batteries now account for over 67% of the market, surpassing ternary batteries. The decommissioning wave is arriving, with battery scrap expected to exceed 1 TWh by 2032. Current recycling technologies include fire recovery, wet recycling, and physical recycling, each with pros and cons. Physical recycling is emphasized as the future mainstream due to its short process, energy savings, environmental friendliness, and good economy, though challenges remain in accurate separation of positive and negative electrode materials, automation, and consistency control. Xinmao aims to address these difficulties with advanced solutions.