The government work report mentioned "accelerating the construction of power lithium battery recycling system" for two reasons:

On the one hand, a large number of retired power lithium batteries will arrive as scheduled: according to the prediction of Battery China, by the end of 2020, the cumulative number of new energy vehicles including passenger cars, buses and special vehicles will be more than 450000, while the number of retired power lithium batteries will exceed 35GWh; Two years later, the cumulative measurement of retired power lithium batteries will reach 94GWh; By 2025, this data will increase to 246GWh.

The fate of such a large number of retired power lithium batteries is indeed a problem that cannot be ignored.

On the other hand, because the current recycling system is not perfect, there are potential hazards such as threats to personal safety and environmental pollution in the process of disposing retired power lithium batteries.

According to the insiders, "improper treatment of retired power lithium batteries may also cause certain risks, such as organic solvents in the electrolyte, which are difficult to degrade, and some organic solvents have low flash points, which may lead to serious consequences of combustion and explosion; lithium hexafluorophosphate electrolyte in the electrolyte is extremely corrosive, which will decompose in water to produce hydrogen fluoride, which is a highly toxic gas, and will cause serious harm to the environment and human health."