Recently, Lithium Australia has signed a new agreement with BYD Auto to provide recycling services for all retired batteries of electric vehicles in Australia. The initial term of this agreement is three years, and the company expects to significantly increase the amount of large lithium-ion battery recycling, considering the scale of BYD Auto. According to data, BYD had occupied approximately 14% of the EV market share in Australia after entering the market in 2022.
Edited by Cassie Li, lixiangying@mysteel.com