Mar 10, 2022|

JD Technology and Miracle Automation Team Up to Promote Lithium Battery Recycling


by Doris Liu

JD Technology and Miracle Automation Engineering Co., Ltd (MAE) signed a cooperation framework agreement on March 8 to step up cooperation in the entire industry chain of lithium battery recycling with a new business model of “Internet + recycling”.

Signing ceremony between JD Technology and Miracle Automation Engineering Co., Ltd.

An ecosystem for lithium battery recycling will be jointly built based on MAE’s resources and experience in the lithium battery recycling industry and automobile-related fields, together with JD Technology’s management capabilities in warehousing and logistics, supply chain technology, cloud computing and big data. It also provides supply chain technology services for companies with financing needs in the industry, aiming to establish an industry benchmark and fully realize the unity of economic, environmental and social benefits.

Mr. Huang Bin, Chairman of MAE, said he was very optimistic about the cooperation with JD Technology. MAE has been focusing on the vision to be “dedicated to serving the whole life cycle of automobiles”, and has put much emphasis on the lithium battery recycling industry, Mr. Huang added that he believes the cooperation with JD Technology will help promote the long-term development of the industry.

According to China’s Ministry of Industry and Information Technology, 3.521 million new energy vehicles were sold across the country in 2021, up 1.6 times year on year, which made China the largest market of new energy vehicles in the world for seven consecutive years. Driven by the surge in production and sales, the demand of batteries installed in new-energy vehicles is high. Furthermore, the new energy vehicles sold in the previous period will be gradually scrapped, triggering a strong need for recycling of retired batteries.