A privately-owned Chinese company has pledged around $200 million to establish a complex of EV battery recycling and “new energy storage” facilities in central China.
Xi’an Huaxin New Energy said it has signed a deal with the Shiyan economic-technological development area in Hubei Province to recycle 10,000 tons of new energy vehicle batteries at the site every year.
At the end of 2024 the California Environmental Protection Agency's Department of Toxic Substances Control (DTSC), made a final decision not to regulate lead batteries under the state’s SCP Program.
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