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flag China is boosting battery recycling with new standards, aiming for a 100 billion yuan market by 2030.

flag China is expanding its power battery recycling system as retired batteries from new energy vehicles surge, with the State Administration for Market Regulation approving five new national standards and issuing 22 in total to improve dismantling, safety, and material recovery. flag The recycling market is projected to exceed 100 billion yuan by 2030, with over 300,000 metric tons processed in 2024, generating more than 48 billion yuan in value. flag Leading firms achieve up to 99.6% recovery for nickel-cobalt-manganese and 96.5% for lithium. flag Companies like BYD and Brunp Recycling are scaling capacity and building nationwide collection networks, while provinces including Fujian and Sichuan advance regional systems. flag Despite progress, compliance remains low, illegal operations persist, and workforce aging is a concern. flag SAMR is preparing foreign-language versions of key standards to support global adoption.

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