Jeollanam-do is taking a number one role in the electrical vehicle battery recycling industry, and with government support, is strengthening the muse of the three axes of this sector: remanufacturing, reuse, and recycling.
With 2.4 billion won in national funds newly reflected within the 2025 government budget for safety inspection and technology development of remanufactured batteries, a verification base for the remanufacturing industry is anticipated to be established centered around Naju.
The project is price a complete of 29 billion won and goals to develop safety inspection technology and foster the remanufactured battery industry by 2029.
Battery recycling is basically divided into three types. First, ▲remanufacturing: Repairing broken batteries and reusing them in electric vehicles. Second, ▲reuse: Converting batteries utilized in electric vehicles into other uses similar to energy storage systems (ESS). Third, ▲recycling: Recovering priceless metals similar to nickel and lithium from batteries.
South Jeolla Province is actively fostering the reuse and recycling industry in Naju and Gwangyang, and to this end, it’s establishing a testing and performance evaluation base and an eco-friendly recycling process verification base in Naju Innovation Industrial Complex and Gwangyang, respectively.
Particularly, the ‘Electric Vehicle Full Cycle Environmental Information Carbon Neutrality Center’ is being established in Naju, with 45.4 billion won invested entirely in government funds. This center will support the carbon neutrality goal by comprehensively managing all information on the manufacturing, use, and recycling processes of electrical vehicle batteries.
Former South Jeolla Province Strategic Industry Bureau Director So Young-ho said, “The electrical vehicle battery recycling market is anticipated to grow to 600 trillion won by 2050,” and added, “To secure a competitive edge on this field, we’ll strengthen investment in infrastructure and related industries.”
Reporter Yang Jun-seok kailas21@aitimes.com
