and Utilization of New Energy Power Vehicle Battery – Makes automakers responsible for EV battery recycling.Interim Provisions on the Management of Traceability of Recycling and Utilization of New Energy Vehicles Power Battery – Mandates information on ba
EVs battery that does not meet the recombination requirements are reused. Secondly, EVs battery whose capacity is reduced to less than 80 % and cannot be applied to new energy vehicles will be used in cascade utilization.
On the other hand, it is possible to reduce the production cost of batteries by giving some tax incentives to battery manufacturers or manufacturers of core components of the battery industry based on overall considerations of their production quality, sales performance, innovation ability, customer satisfaction, and other aspects.
20 projects across four competitions include developers of revolutionary new offroad vehicles, net zero tractors and groundbreaking new EV battery systems. Funding from one competition alone could create or safeguard over 4,700 UK jobs and save nearly 65 million tonnes of CO2 being emitted over next decade.
Secondly, EVs battery whose capacity is reduced to less than 80 % and cannot be applied to new energy vehicles will be used in cascade utilization. These retired EVs batteries can be used in energy storage, communication base stations, solar energy, and low-speed electric vehicles.
Yearly battery installation can be considered as the product of EV sales and single-vehicle battery capacity. The latter factor can be further considered as the product of vehicle electric range and energy consumption rate. It is very obvious that the growth of EV sales is the fundamental driver behind battery installation growth.