Automobile and Parts
Power Battery Recycling and Utilization Project of Changchun City
1. Introduction to the Project
1.1 Project background
1.1.1 Product introduction
Power batteries are known as the "heart" of new energy vehicles, accounting for 30% to 40% of the cost of the whole vehicle. Normally, batteries need to be retired after 5 to 8 years of vehicle use, when their capacity drops below 80%. Retired batteries can be downgraded for use in different fields such as backup power, two-wheelers, small energy storage systems, etc. For those batteries that cannot be used in cascades, they are recycled through crushing and refining to recover lithium, cobalt, nickel and other precious metal materials to achieve recycling.
The recycling of waste batteries not only helps to reduce environmental pollution, but also promotes the recycling of resources. Through a scientific and rational recycling process, valuable metals in waste batteries can be extracted and reused in battery manufacturing or other industrial fields. This process not only saves resources, but also brings economic benefits.
The project is dedicated to the research and development, treatment and reuse of power battery recycling technology. Our base aims to solve two major challenges in the recycling of lithium batteries: achieving green environmental protection and low-carbon energy saving. In addition, we will also adopt an intelligent recycling management system to ensure the quality and production efficiency of recycled products.
1.1.2 Market prospect
(1) Current situation of the power battery recycling and utilization industry
With the rapid development of new energy vehicles, the power battery recycling and utilization industry has gradually shown its importance and has become an indispensable part of the environmental protection and resource recycling fields. As a key component of new energy vehicles, the recycling and utilization of power batteries is not only related to resource conservation and environmental protection, but also involves the sustainable development of the entire industrial chain.
In recent years, the rapid expansion of the new energy vehicle market has led to the continuous growth of the power battery recycling and utilization market. Thanks to the support of national policies on environmental protection and resource recycling, as well as the enhancement of consumers' awareness of environmental protection, the power battery recycling and utilization industry is experiencing a rapid development momentum.
Scientific and technological progress has driven the continuous advancement of power battery recycling and utilization technology. At present, recycling technologies mainly include physical, chemical and biological methods, which can efficiently recover valuable metal elements, such as cobalt, nickel, lithium, etc. from waste power batteries, while significantly reducing the impact on the environment.
The state has provided policy support for the power battery recycling and utilization industry. The government has launched a series of policies to encourage enterprises to increase their investment in power battery recycling and utilization and promote the healthy development of the industry. In addition, the government has set up a special fund to support the research and development of power battery recycling and utilization projects.
At present, the power battery recycling and utilization industry is becoming increasingly competitive. Many domestic and foreign enterprises have rushed into this market to compete for market share. In the fierce competition, enterprises continue to increase research and development efforts to improve the level of recycling technology and product quality. At the same time, enterprises are also actively seeking new business models and ways of cooperation to reduce costs and improve efficiency.
(2) Power battery recycling and utilization market forecast
The battery recycling industry is currently in a stage of rapid development, which is mainly due to the prosperity of the new energy vehicle industry and the rise of the energy storage industry. With the continuous increase in the production and sales of new energy vehicles and the significant increase in the number of retired power batteries, the demand for battery recycling market has expanded rapidly. At the same time, the promotion of environmental protection policies and the continuous technological progress have also provided strong support for the development of the battery recycling industry.
In 2023, the size of China's power battery recycling market will reach 39.7 billion yuan. Given that power batteries usually have a service life of 5 to 8 years, it is expected that by around 2025, there will be a new round of power battery retirement peak. In addition, the "trade-in" subsidy policy recently launched by the State Council will also further stimulate the demand for the power battery recycling industry.
It is predicted that the market size of the battery recycling industry will continue to expand in the next five years. With the continuous growth of new energy vehicle ownership and the continuous rise of battery retirement, the demand for battery recycling market will further expand. At the same time, with the continuous advancement of technology and the continuous improvement of policies, the recycling efficiency and product quality of the battery recycling industry will continue to improve, which will further promote the growth of the market size.
The continuous growth of the market size will make the market competition gradually tend to be standardized and orderly. Technological innovation will become a key driving force for the development of the industry, and new recycling technologies and processes will be widely used and continuously optimized. The introduction of intelligent and automated equipment will improve the accuracy and efficiency of recycling operations. International cooperation and competition will become more intense, and Chinese battery recycling enterprises need to continuously improve their competitiveness in order to compete for a larger market share.
In summary, the battery recycling industry has broad development prospects and huge market potential. With the continuous development of the new energy vehicles and energy storage industry, as well as the policy promotion and technological progress, the battery recycling industry will move towards a broader development space.
1.1.3 Technical analysis
Power battery recycling and treatment technology mainly includes cascade utilization and dismantling utilization. Cascade utilization is mainly aimed at batteries that have been decayed to the point that they cannot be used normally on new energy vehicles, and these batteries themselves are not scrapped and can continue to be used. Dismantling and utilization is to decompose the battery, extract the important metal components in it, and recycle these metal components.
In terms of dismantling and utilization, the recycling and treatment technologies mainly include mechanical sorting, high-temperature pyrolysis and hydrometallurgical methods. The mechanical sorting method is mainly to separate the metal shell and electrode material in the battery by mechanical means. The high-temperature pyrolysis method is to use high temperature to pyrolyze battery materials to separate the valuable metals in them. The hydrometallurgical method is used to recover valuable metals such as lithium, cobalt, and nickel through steps such as crushing, dissolution, leaching, and separation.
For the material treatment in the recycling process, there are also mainly physical recycling, chemical recycling and biological recycling processes. The physical recycling method mainly separates and sorts the battery materials through physical means to extract the valuable metals in them. The chemical recycling method mainly uses chemical reactions to convert valuable metals in battery materials into soluble compounds, and then separates and recovers. The biological recycling technology uses microbial leaching to convert the useful components of the system into soluble compounds and selectively dissolve them, so as to realize the separation of target components and impurity components, and finally recover valuable metals such as lithium, cobalt and nickel.
1.1.4 Advantageous conditions of project construction
(1) Policy advantages
The Department of Energy Conservation and Comprehensive Utilization of the Ministry of Industry and Information Technology has issued the newly revised Industry Standard Conditions for the Comprehensive Utilization of Waste Power Batteries for New Energy Vehicles (2024 Edition) (Draft for Comments), which puts forward normative requirements for enterprises that carry out the comprehensive utilization of waste power batteries for new energy vehicles.
The Several Measures to Promote the Accelerated Development of New Energy Industry in Jilin Province provides fiscal and financial policy support, and encourages the support of new energy industry projects through provincial investment and financing companies and industrial equity investment funds, including power battery recycling and utilization projects.
(2) Industrial advantages
Jilin Province is an important automotive production area in China, with unique production and recycling advantages. Changchun City has a complete automotive industry system, with 6 major vehicle manufacturers, 7 major automobile brands, and nearly half of the world's top 100 automotive parts enterprises settled in Changchun. It is a pilot city for the national battery swap mode of new energy vehicles, a pilot city for the national comprehensive electrification pilot zone in the public sector, and one of the first batch of pilot cities for the application of "vehicle-road-cloud integration" of intelligent connected vehicles. Changchun firmly grasps the industrial advantages of the automotive manufacturing industry, focuses on the direction of electrification, networking and intelligence, actively extends, supplements and strengthens the chain, accelerates the high-quality development of the new energy vehicle industry, and builds a world-class advanced automotive manufacturing cluster.
With the rapid development of the electric vehicle market, the demand for power battery recycling is increasing. As a major automotive production province, Jilin Province has a huge car ownership, which provides a stable market demand for power battery recycling projects.
(3) Location advantages
Changchun Economic Development Zone is located in Changchun City, Jilin Province, at the geographical center of Northeast Asia, and is an important node of the Harbin-Dalian Economic Belt and the China-Mongolia-Russia Economic Corridor. This geographical location makes the Economic Development Zone an important hub connecting various countries of Northeast Asia, which is conducive to international trade and regional cooperation.
The transportation network of the Economic Development Zone is extremely convenient. The zone integrates aviation, railway, high-speed, light rail and other modes of transportation, and has Longjia International Airport, which can reach 2/3 of the cities in China in 1.5 hours and major cities around the world in 5 hours. In addition, there are several highways and railway lines in the zone, which facilitate the movement of logistics and people.
(4) Talent advantages
Changchun Economic Development Zone has abundant human resources and strong scientific and technological force. There are 28 colleges and universities such as Jilin University in the zone, national research institutions such as Changchun Institute of Optics, Fine Mechanics and Physics and Changchun Institute of Applied Chemistry, 97 independent scientific research institutions, 71 national or provincial key laboratories, 25 academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, more than 300000 college students, and more than 600000 talents of all kinds, which can provide talent support for the project.
1.2 Contents and scale of project construction
The project covers an area of 30000 square meters, of which 20000 square meters are used to build lithium iron phosphate and ternary lithium recovery production lines. The main focus is on building a large-scale production base for the physical direct regeneration process of lithium battery recycling and treatment. It is expected to process 25000 tons of waste lithium iron phosphate power batteries and produce 10000 tons of lithium iron phosphate battery cells annually.
1.3. Total investment of the project and capital raising
The total investment of the project is 600 million yuan, including a construction investment of 450 million yuan.
1.4 Financial analysis and social evaluation
1.4.1 Main financial indexes
After the project reaches the production capacity, its annual sales income will be 375 million yuan, its profit will be 119 million yuan, its investment payback period will be 7 years (after the tax, including the construction period of 1 year) and its investment profit rate will be 18.5%.
Note: “10 thousand yuan” in the table is in RMB.
1.4.2 Social evaluation
Alleviate resource shortage: waste power batteries contain a large number of valuable metals such as lithium, cobalt, nickel, etc. Through recycling and reuse, it can effectively reduce the dependence on primary mineral resources and alleviate the shortage of rare metal resources.
Provide employment opportunities: the implementation of power battery recycling and utilization projects can create a large number of employment opportunities. For example, after the industrialization of the project, it can provide nearly 300 employment positions, and at the same time, it can also promote the establishment of industry-university-research cooperative relationships with many well-known universities to cultivate technical talents in the industry.
Promote technological innovation: enterprises can establish cooperative relationships with a number of well-known universities through recycling and utilization projects, promote technological innovation and talent cultivation, provide technical consulting, personnel training and other related services for partners in the same industry, and jointly promote the progress of the industry.
Reduce environmental pollution: waste batteries contain harmful substances such as lead, cadmium, mercury, etc., which will seep into the soil and water sources if not properly recycled, causing serious pollution to the ecological environment. Through recycling and treatment, the pollution of these harmful substances to the environment can be reduced and human health can be protected.
Enhance environmental awareness: through the implementation of waste battery recycling projects, the public's awareness of environmental protection can be enhanced, the green consumption concepts can be cultivated, and the recycling of waste batteries can be actively participated, so as to form a sustainable recycling model.
1.5 Cooperative way
Sole proprietorship, joint venture or cooperation.
1.6 What to be invested by the foreign party
Funds and other ways can be interviewed.
Construction site of the project
Supporting Zone of Changchun Xinglong Comprehensive Free Trade Zone
1.8 Progress of the project
The project proposal has been prepared
2. Introduction to the Partner
2.1 Basic information of the unit
Name: Changchun Economic and Technological Development Zone
Address: No. 6199 Jilin Road, Erdao District, Jilin Province
2.2 Unit Overview
Changchun Economic and Technological Development Zone was established in 1992 and approved by the State Council in 1993 as a national level economic and technological development zone. It currently has an administrative jurisdiction area of 112 square kilometers, with four streets and one town under its jurisdiction, and a permanent population of 400000. It is the main battlefield of Changchun's real economy and a gathering place for foreign-funded enterprises.
1. Development orientation. Changchun Economic and Technological Development Zone is a clear "4+1" core area for the construction of optoelectronic information industry in Changchun City, which is guided by the cultivation of new quality productivity, closely related to the construction of the city's "one center, five highlands" and "twin cities", and bound to Changchun Institute of Optics, Fine Mechanics and Physics, the "largest innovation leader" in the optoelectronic field, focusing on the first to break through the existing situation, the first to become bigger and stronger, the first to do fine and excellent, leading and driving a group of leading enterprises to develop into supporting clusters. It strives to reach more than 33 billion yuan in the scale of the optoelectronic information industry in the zone by 2025, accounting for more than one-third of Changchun's output value, and strives to build a leading demonstration zone for the optoelectronic industry and a benchmark zone for new quality productivity.
2. Ecological construction. The industrial ecosystem is mainly constructed from three dimensions: ① One valley and seven parks converge to create momentum. 30 billion yuan is invested to construct "Xinguang Intelligent Valley" covering an area of 1 million square meters, which is the largest optoelectronic information industry agglomeration area in Northeast China, including seven parks named after leading enterprises, namely the first phase "Hengguang Park", the second phase "Yunguang Park", the third phase "Zhiguang Park", the fourth phase "Jiguang Park", the fifth phase "Xinguang Park", the sixth phase "Huaguang Park", and the seventh phase "Huiguang Park". At present, one to four parks have been put into use or basically completed, and the project can be fully undertaken, and the five to seven parks will be implemented, and strive to have more than 200 enterprises settle in within 5 years, with an output value of more than 20 billion yuan and an output value of more than 50 billion yuan within 10 years. ② One institute and two universities converge to empower. In conjunction with Changchun Institute of Optics, Fine Mechanics and Physics, Jilin University and Changchun University of Science and Technology, the model of "government + institute and university + joint venture company" is adopted. By means of joint investment or land and factory investment, cooperation mechanisms will be innovated around the most cutting-edge technologies in the optical field, exchange platforms will be created, and complementary advantages will be realized, so as to transform the "flower of innovation" into the "fruit of industry". ③ One street, two centers, and six platforms converge as a torch. Combined with beautification, greening, lighting, coloring, and integrating optoelectronic elements, the construction of the optoelectronic information industry demonstration street will be accelerated, and it will become a new landmark of Internet hotspot leading the trend of science and technology and inheriting the cultural bloodline. The Youth Innovation Center of Changchun Institute of Optics, Fine Mechanics and Physics, which provides ten services such as comprehensive research and development, technology transfer, small-scale and pilot tests, intellectual property rights, periodicals and exhibitions, consulting and training, entrepreneurship counseling, salon and forums, industrial expansion, investment and financing, has become a "regional highland" for attracting and retaining talents. The benign operation of the National Semiconductor Laser Technology Innovation Center, which integrates technological innovation, product pilot test and achievement transformation, can break through the bottleneck of China's high-end laser chip technology, with an annual output of 10 million chips and an output value of more than 10 billion yuan. Six innovation platforms, including the State Key Laboratory of Applied Optics, the State Key Laboratory of Luminescence and Applications, the State Key Laboratory of Laser and Matter Interaction, and the National Engineering Technology Research Center, have gathered in our zone to jointly solve the national "bottleneck" technology.
3. Industrial clusters. Focusing on the five fields of optoelectronic core components, laser technology and applications, optoelectronic new materials, imaging and display, and high-end equipment manufacturing, strongly promote the rapid rise of a group of leading enterprises in the optoelectronic field, and realize the cluster gathering of more than 100 key enterprises such as central enterprises, Fortune 500 companies, unicorns, and quasi-listed companies. At present, there are mainly CMOS core component production and research and development enterprises represented by Gpixel, Changguang Zhengyuan, Changguang Yuanxin and Changguang Yuanchen, large-diameter laser technology application enterprises represented by Jiguang Semiconductor, new optoelectronic composite materials enterprises represented by Changguang Kingcera and Changguang Qichen, system imaging and display enterprises represented by Changguang Xinshi, Changguang Orion and Jitian Xingzhou, and optical high-end equipment manufacturing enterprises represented by Changguang Huada, Changguang Daqi and UP Optotech. Gpixel has exceeded 1 billion, occupying "half of the domestic market" in related subdivisions. A number of products of the listed company UP Optotech have been successfully applied to major national projects such as "Shenzhou" and "Tiangong".
4. Policy Services. Changchun Economic and Technological Development Zone promotes production and marketing synergy with the landing service of "customized agent construction", which can realize "land acquisition, project approval, construction and output in the same year". Cultivate the combination of production and financing with the forward-looking service of “fund injection”, and make every effort to build a 10-billion-level fund matrix with government-guided fund as the “leader” and social capital as the “competitor”, so as to give "take-off wings" for the development of optoelectronic information industry. By providing customized services guided by policies to promote the improvement of production and service, a series of policies supporting the optoelectronic information industry have been introduced, forming a multi-dimensional and multi chain policy system.Changchun Xinglong Comprehensive Free Trade Zone is managed by Changchun Economic and Technological Development Zone. Changchun Xinglong Comprehensive Free Trade Zone is located in the northeast of Changchun City, in Xinglongshan Town, Changchun Economic and Technological Development Zone, at the core of the Changchun-Jilin-Tumen Development and Opening up Pilot Zone, and is the starting point of the main axis of Changchun-Jilin-Tumen development strategy. Changchun Xinglong Comprehensive Free Trade Zone and Changchun Economic and Technological Development Zone implement the management model of "two zones in one", that is, "one team, two brands".
2.3 Contact method
Contact method of the region where the project is located:
Contact unit: Investment Promotion Bureau 1 of Changchun Economic Development Zone
Contact person: Section Chief Ma
Tel: +86-431-81880320
Contact method of the city (prefecture) where the project is located:
Contact unit: Changchun Cooperation and Exchange Office
Contact person: Zhang Junjie
Tel: +86-15704317930
Fax: +86-431-82700590
E-mail: xmc82763933@163.com