Research on Recycling Benefits and Environmental Impacts of New Energy Vehicle Batteries

China’s fast industrial expansion has resulted in substantial environmental contamination, limiting the economy's long-term growth potential. In this setting, the low-carbon economy has emerged as an essential development strategy followed by all countries. The electric vehicle sector, which is a key pillar of the low-carbon economy, is quickly expanding. However, the linked battery recycling business has a lot of space for development. This study looks into the recycling benefits and environmental consequences of NEV batteries. The research methodologies used include literature review, theoretical analysis, and case studies of prominent firms. The findings emphasize the economic, environmental, and social benefits of battery recycling, including considerable reductions in carbon emissions and resource consumption. The conclusions highlight the importance of battery recycling to promote sustainable development and achieve low carbon goals.