Recently, the Geely Yiyuan Lithium Iron Phosphate(LFP) Material and Battery Recycling and Comprehensive Utilization Project has fully commenced. Jiangxi Yiyuan New Energy Technology Co., Ltd. is a wholly-owned subsidiary of Geely Technology Group, mainly engaged in the research and production of LFP materials and the comprehensive utilization of battery recycling. After the first phase of the company's LFP material and battery recycling and comprehensive utilization project is completed and put into operation, it is expected to achieve a comprehensive utilization of 40,000 tons of recycled LFP batteries annually.
Edited by Cassie Li, lixiangying@mysteel.com