Power battery recycling industry starts "bad money withdrawal"

While the number of power battery recycling companies exceeds 150,000, the list of companies in the Ministry of Industry and Information Technology's "Industry Standards for Comprehensive Utilization of Waste Power Batteries of New Energy Vehicles" only recognizes 156 companies. This huge gap reflects the existence of many "small workshop"-style companies. However, with the adjustment of policies and changes in the market, these "small workshops" are gradually being eliminated, and adjustments to the main structure of the industry are also underway.