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Press Releases
2021-12-09
China Makes Policy to Promote Waste Battery Recycle Industry, 2025 Market Scale Forecast to Reach RMB26 Billion, Says TrendForce
Along with the swift development of the Chinese new energy vehicle (NEV) industry, the number of retired power batteries has risen year over year with Chinese waste power battery volume estimated to exceed 18GWh in 2021 and reach 91GWh by 2025, according to TrendForce’s latest investigations. Cur...
Press Releases
2021-11-26
Indonesia’s Export Restrictions on Nickel Likely to Intensify Global Shortage of Raw Materials for NEV Batteries, Says TrendForce
As the global automotive industry picks up the pace of electrification, there will be a corresponding increase in the demand for nickel, which is a key ingredient for automotive batteries, according to TrendForce’s latest investigations. Incidentally, Indonesia has recently made gradual announcem...
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