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At the same time, based on the huge market prospects contained in battery recycling, new energy industry chain companies are actively exploring and building their own leading battery recycling model to welcome the arrival of a large number of retired batteries in the future.

Battery recycling contains huge market value

Once electrolyte leakage occurs in lithium iron phosphate batteries, it can cause toxic and corrosive electrolyte to flow into the natural environment, posing significant harm to soil, water bodies, and human health. Industry insiders point out that the harm of ternary batteries is even greater: the heavy metals such as manganese, cobalt, and nickel contained in their battery materials can cause pollution to water sources and soil for up to 50 years.

If the retired power lithium batteries are mishandled after recycling, there may also be potential hazards such as endangering personal safety and polluting the environment.

The electrolyte contains organic solvents that are difficult to degrade, and some organic solvents have low ignition points. Improper handling can lead to serious consequences of combustion and explosion. The lithium hexafluorophosphate electrolyte in the electrolyte has strong corrosiveness, and when it comes into contact with water, it will produce hydrogen fluoride, which is a highly toxic gas and can cause serious harm to the environment and human health. "Industry insiders said.

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