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China's Next Big Electric Car Challenge: Recycling Spent Batteries
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Overview
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China is facing a challenge in the electric vehicle market as spent batteries become valuable commodities. Traders like Li are collecting and selling used batteries to meet the growing demand for recycling. This presents an opportunity for China to establish itself as a key player in the recycling industry.
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How does the recycling of spent batteries impact the sustainability of electric vehicles?
What are the potential economic benefits for China in establishing itself as a leader in battery recycling?
What challenges does China face in competing with other countries in the recycling industry?
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