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The electric bicycle market may become a new battlefield for lithium battery companies

Due to the huge stock of lead-acid batteries, the market prospect of "lead-to-lithium" in the field of electric bicycles is attractive, but the road to replacement is not smooth. Lithium battery companies that come from across the border want to profit from the electric bicycle market. It is difficult to imagine, and they are facing challenges in terms of cost, channels, and product standards.

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What are the recycling channels for power lithium batteries?

The life cycle of a power battery includes production, use, scrapping, decomposition and reuse. After the power battery is scrapped, except for the decline in chemical activity, the chemical composition inside the battery has not changed, but its charge and discharge performance cannot meet the power demand of the vehicle, but it can be used in places with lower power requirements than automobiles. The cascade utilization of power batteries has therefore become one of the most discussed recycling methods in the industry. The batteries that are about to be used in automobiles will be used in energy storage or related power supply base stations, street lights, and low-speed electric vehicles after they are eliminated, and then enter recycling. system, but this business model also faces the consideration of whether it can be profitable, involving channels and technology issues.

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Why is the power battery market strong?

According to the China Association of Automobile Manufacturers, from January to May 2017, the production and sales of new energy vehicles were 147,000 and 136,000, an increase of 11.7% and 7.8% year-on-year. Among them, the production and sales of pure electric vehicles were 122,000 and 111,000, a year-on-year increase of 22.8% and 20.7%. In the lithium battery market, the power battery has increased from 43% in 2016 to 55% in the first half of 2017, and the market prospect has been rising all the way.

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