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Sinochem News recently, in order to promote battery recycling, German auto giant Volkswagen has cooperated with JX Metals, a subsidiary of Japan's INEOS Holdings, to launch demonstration experiments for vehicle lithium-ion battery recycling in Germany and Japan
It is reported that with the support of the German government, Volkswagen has established a consortium with JX Metals and local universities
According to industry analysis, the global electric vehicle market such as electric vehicles and hybrid vehicles is expected to grow from 6 million in 2020 to 30 million in 2030, an increase of 4 times
Global power battery manufacturers are planning to expand production