Top 10 lithium battery recycling companies in the world in 2022
Lithium battery recycling technology has become one of the key areas of lithium battery research. At the same time, lithium battery recycling is considered to be a necessary link in reducing carbon emissions and building a closed-loop lithium battery industry chain, which has important social and environmental significance.
Compared with the increase in the demand for lithium batteries, the demand for lithium battery recycling capacity is forecast to be a higher multiple. Here are top 10 lithium battery recycling companies in the world in 2022 (in no particular order).
Top 10 lithium battery recycling companies in the world
GE
Company profile:
GE, founded in 1892, is the world’s largest multinational company providing technology and service businesses, headquartered in Boston, USA. Operating industries include electronics industry, energy, transportation industry, aerospace, medical and financial services;
All of GE’s businesses operate in China, covering industrial verticals such as aviation, energy, and medical, and have departments such as finance, smart manufacturing, R&D, and digitalization, with operations in more than 100 countries around the world.
Total market value: 70.782 billion USD
Company website: https://www.ge.com/
ABB
Company profile:
ABB is a leading global technology company driving the transformation of society and industry for a more efficient and sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology and takes performance to new levels. Retiring Chevrolet Batteries Cascades into Home Energy Storage Products
Total market value: 51.685 billion USD
Company website: https://new.abb.com/jp
Tesla
Company profile:
Tesla is leading companies in top 10 power wall home energy storage manufacturers in the world. At present, the battery recycling service has been launched, and it is promised that scrapped lithium-ion batteries will be specially treated to achieve 100% recycling of lithium battery raw materials.
Recently, the business scope has added new energy vehicle waste power battery recycling and cascade utilization services. Battery recycling mainly locates and dismantles and recycles used batteries and battery packs.
Total market value: 862.738 billion USD
Company website: https://www.tesla.com/ja_jp
Umicore
Company profile:
Umicore is a global materials technology and recycling group. Extensive expertise in materials science, chemistry and metallurgy. Umicore’s operating income is mainly derived from the clean technology field, and most of its research and development investment is also in this field, such as: emission control catalysts, rechargeable battery materials and recycling technology.
Total market value: 7.282 billion euros
Company website: https://www.umicore.com/
Toxco
Company profile:
Toxco is the primary processing facility for materials and equipment previously used in radioactive environments. For those radioactive materials that are designated as waste or cannot be reused/recycled, Toxco offers cost-effective waste treatment and disposal options. Mainly use mechanical and hydrometallurgical processes to recover copper, aluminum, iron, cobalt and other metals in lithium batteries.
Company website: http://www.toxcommc.com/
OnTo
Company profile:
OnTo has the only patented technology to manufacture high-quality electrode materials from recycled batteries. The technology can address the industry’s ongoing cost issues in terms of life cycle and protection of critical materials.
Services include lithium-ion recycling assessment, safe battery decommissioning, battery material recycling, specification development, battery prototyping and testing. Direct recycling technology is now being industrialized and commercialized.
Company website: https://www.onto-technology.com/
4R Energy
Company profile:
4R Energy aims to realize a low-carbon society by further reducing carbon dioxide by not only popularizing zero-emission vehicles, but also reusing batteries in the field of renewable energy.
With the popularity of electric vehicles in the market, the 4R business will effectively utilize renewable lithium-ion batteries. Electric vehicle batteries regenerated from the 4R business can be used in applications such as EVs, large-scale power storage facilities, factory backup systems, and electric forklifts.
4R Energy is currently a very successful business in the cascade utilization of lithium batteries. It implements cascade utilization of waste batteries from Nissan LEAF vehicles and develops 12kw-96kw home energy storage. Mainly use CO2 supercritical fluid to restore lithium battery capacity.
Registered capital: 766 million yen
Company website: https://www.4r-energy.com/
Brunp
Company profile:
Founded in 2005, is one of top 10 lithium battery recycling companies in the world, focusing on recycling business, resource business and material business, providing one-stop closed-loop solutions and services for battery life cycle management.
As a holding subsidiary of solid state battery manufacturer CATL New Energy Technology Co., Ltd., Bangpu Cycle has created a battery industry chain cycle system with complementary upstream and downstream advantages.
Through the original directional recycling technology, it has taken the lead in solving the industrial problem of “waste reduction” in the field of global waste battery recycling, and the total recovery rate of core metal materials of battery products has reached more than 99.3%.
Registered capital: 60 million RMB
Company website: https://www.brunp.com.cn/
GEM
Company profile:
Recently, GEM is one of the top 10 car battery recycling companies in China has signed two strategic cooperation agreements to increase investment in battery recycling. First, the company signed a strategic agreement on green recycling of power batteries with Ruipu Lanjun Energy, a subsidiary of Tsingshan Industrial, a Fortune 500 company;
Second, the company and Shanhe Intelligent signed a strategic cooperation agreement on the electrification of construction machinery and battery recycling.
Total market value: 39.852 billion RMB
Company website: https://www.gem.com.cn/
Highpower
Company profile:
Founded on September 21, 2010, it is located in Shuixi Park, Zhanggong High-tech Industrial Park, Ganzhou City, Jiangxi Province. Mainly engaged in the recycling and cascade utilization of waste new energy vehicle power batteries, the harmless use of waste batteries and the recycling of resources.
At present, Ganzhou Highpower has integrated industrial resources and formed an industrial system linking upstream and downstream enterprises of “materials-battery-new energy vehicle manufacturing-power lithium battery recycling” through equity bonds.
A new path of complementary advantages, mutual connection of resources, and common development of enterprises has been explored in the lithium battery industry; It has also developed into a supporting service provider trusted by many well-known vehicle and battery manufacturers around the world.
Registered capital: 89.473685 million RMB
Company website: http://www.gzhighpower.com/
