In 2025, the number of electric vehicles (EVs) is projected to reach 65 million, with 54% of these vehicles expected to utilize regenerative braking technology. This technology is essential for enhancing the efficiency and sustainability of new energy vehicles.
As of May 26, 2025, the market for electric vehicles in China is anticipated to expand significantly. The average lifespan of electric batteries is estimated to be between 5 to 8 years. Based on calculations from 2020 to 2022, the total production of new generation electric batteries is expected to reach 82 million units by 2025, with a cumulative utilization expected to hit 41.6 million units.
The government is implementing policies to encourage the adoption of electric vehicles, particularly through the promotion of regenerative braking systems. This shift towards sustainable technologies is increasingly viewed as a beneficial trend for new energy sectors, which will likely see significant growth in the coming years. Data indicates that the total capacity of regenerative braking systems is expected to reach 120 million units, showing a remarkable 58% growth compared to previous years. Among these, 65 million units are projected to be from China, representing 54% of the total.
Looking at the historical data, in 2014, the sales of new energy vehicles in China were approximately 750,000 units, which grew to about 5.07 million units by 2016. By 2024, this figure is expected to soar to 12.866 million units. By the end of 2024, the number of new energy vehicles is projected to surpass 3.14 million units, accounting for 8.90% of total vehicle sales.
Moreover, the market for pure electric vehicles is projected to reach 2.209 million units, representing 70.34% of new energy vehicles. The growth in the electric vehicle sector is driven by advancements in battery technology and a reduction in production costs. The industry is also expected to witness a significant increase in the use of recycled materials and regenerative braking systems, which will contribute to enhanced sustainability.
By 2024, the regenerative braking market in China is anticipated to exceed 480 billion yuan, with the electric vehicle recycling sector poised for rapid expansion. Predictions suggest that by 2025, the production of electric vehicles will reach 82 million units, with a continuous upward trend expected thereafter.
Estimates for 2030 indicate that the annual production of electric vehicles and new energy vehicles will reach 148.7 GWh and 298.91 million units, respectively. From 2025 to 2030, the expected average annual growth rates for production are projected to be 37.64% and 38.11% for electric vehicles and regenerative braking systems, respectively.
Furthermore, as the industry advances, companies are continuously innovating to enhance the efficiency and performance of batteries. The energy density of batteries has improved significantly, with current metrics showing levels as low as 1.8 kWh/kg, compared to the industry standard of 2.5 kWh/kg.
In summary, the electric vehicle sector is set for unprecedented growth, driven by advancements in technology and supportive government policies. The market dynamics indicate a promising future for both electric vehicles and regenerative braking technologies.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinas-battery-recycling-market-expected-to-reach-82-billion-yuan-by-2025-driven-by-electric-vehicle-growth/
