China’s new energy vehicle (NEV) market has seen almost explosive growth in recent years. This development has also been a driver for battery recycling in the People’s Republic, as the industry faces a veritable wave of used batteries. While only 294 kilotons of used batteries were recycled in 2021, this figure will rise to around 3,000 kilotons in 2030, according to calculations by the China Automotive Technology and Research Center. According to the China Automotive Technology and Research Center, the Chinese recycling market is expected to be worth around 17 billion euros in 2030.