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11 Nov
10:10

Used power battery prices surge 10 times y-o-y in China

The price of a waste lithium iron phosphate battery increased 10 times year-on-year in China, according to Securities Times.  The source works in the lithium battery industry in eastern China. He told Securities Times: "I didn't expect the market to change so fast! Last year, the price of a waste lithium iron phosphate battery was just over CNY 3,000 ($420.67). Now the market price has reached more than CNY 30,000." In the past two months,…
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