During the 13th Five-Year Plan, the Ministry of Science and Technology (China, in brief, MOST) formulated 27 projects on advanced batteries through six national key R&D programs (Table 1).
China will accelerate efforts to recycle new energy vehicle batteries in line with a five-year plan for developing circular economy unveiled on July 7, experts said. The country is expected to reach a peak in battery replacement by 2025.
Specifically, 13 projects were supported within the "New Energy Vehicle" program, with a total investment of 750 million yuan, to support the R&D of vehicle batteries and the large-scale industrialization.
The CATRC said that 2025 will see a peak period for new and old battery replacement with 780,000 tons of power batteries expected to go offline by that time.
The country is expected to reach a peak in battery replacement by 2025. According to the plan released by the National Development and Reform Commission, the top economic regulator, China will step up building the traceability management system for new energy vehicle or NEV batteries.
The CAS's "Strategic Priority Research Program" invested 290 million yuan in advancing automotive batteries and 160 million yuan in developing energy storage batteries. To summarize, a total of 1.844 billion yuan was invested by national funds during the 13th Five-Year Plan, which supported the R&D of advanced batteries.