Funding is indeed available for recycling lead-acid batteries. Here are some key information:
Market scale and economic benefits: according to a feasibility study report in Baidu library, the company after the investment is completed is expected to recycle more than 10,000 tons of lead-acid batteries annually, with a recycling capital expenditure of more than 50 million yuan, and generate economic benefits of about 10 million yuan
The company will be able to recycle more than 10,000 tons of lead-acid batteries.
Policy support: The Chinese government attaches great importance to environmental protection and resource recycling, and has issued a series of policies to support the recycling of lead-acid batteries. For example, the Interim Measures for the Administration of Lead Battery Recycling issued by the National Development and Reform Commission (NDRC) clearly states that by the end of 2025, the recycling rate of lead batteries should reach more than 70%.
. In addition, the state increased the tax rebate rate for the comprehensive utilization of used batteries and their dismantled materials from 30% to 50%, further increasing policy support
.
Market Growth Trend: China's lead battery recycling market reached approximately RMB 38 billion in 2023, a year-on-year growth of 7.5%.
This growth is mainly due to policy support. This growth is mainly due to policy support, increased environmental awareness, and the wide application of lead-acid batteries in many fields.
Increased recycling rate: the number of recycled lead-acid batteries reached 180 million, with a recycling rate of about 72%, an increase of 4 percentage points from 2022
.
To summarize, recycling lead-acid batteries is not only financially viable, but also has a favorable policy environment and market prospect in China. Through legal and compliant recycling channels and utilizing national policy support, enterprises can gain economic benefits from it, and at the same time contribute to environmental protection and sustainable use of resources.
