In 2023, the recycling value of batteries in China amounted to 14.64 billion yuan, a 20 percent increase compared to the previous year. With the rise of electric vehicles and renewable energy infrastructure, the demand for batteries increases, which also boosts the need for recycling. Considering the rarity and cost of the battery components, recycling is not just environmentally relevant, but also economically viable.
Value of recycled batteries in China from 2018 to 2023
(in billion yuan)
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CISA. (July 9, 2024). Value of recycled batteries in China from 2018 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/
CISA. "Value of recycled batteries in China from 2018 to 2023 (in billion yuan)." Chart. July 9, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/
CISA. (2024). Value of recycled batteries in China from 2018 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/
CISA. "Value of Recycled Batteries in China from 2018 to 2023 (in Billion Yuan)." Statista, Statista Inc., 9 Jul 2024, https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/
CISA, Value of recycled batteries in China from 2018 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/ (last visited November 23, 2024)
Value of recycled batteries in China from 2018 to 2023 (in billion yuan) [Graph], CISA, July 9, 2024. [Online]. Available: https://www.statista.com/statistics/1535019/china-value-of-recycled-batteries/
