Establishing an integrated management system for used batteries… Supporting the formation of a new market
Establishing a battery life cycle history management system by 2027
Establishment of new systems such as certification system for renewable raw materials and performance evaluation before removal of electric vehicle batteries
Establishment of ‘Fair Trade Guidelines’ for Used Batteries and Introduction of Business Registration System

The government announced that it will push for legislation within 2024 of an integrated bill that stipulates key systems such as a battery life cycle history management system, a certification system for recycled raw materials, and a pre-disassembly performance evaluation of electric vehicle batteries.

On the 10th, the government announced the ‘Measures to Establish Laws, Systems, and Infrastructure for Fostering the Spent Battery Industry’ at the Economic Relations Ministerial Meeting.

This measure is a follow-up measure to the 'Secondary Battery Full-cycle Industry Competitiveness Enhancement Plan (23.12)' announced last year, and focuses on fostering the used battery industry and improving the used battery management system to proactively respond to global trade regulations.

First, we will support integrated and systematic policy implementation by promoting legislation on the ‘Act on Supporting the Promotion of ^Used Battery Industry and Stabilization of Supply Chain (hereinafter referred to as the ‘Integrated Act’).

The integrated bill is expected to stipulate key systems such as a battery life cycle history management system, a certification system for recycled raw materials, and a pre-disassembly performance evaluation of electric vehicle batteries.all.

In addition, a policy committee will be established to deliberate and coordinate key matters requiring cooperation between relevant ministries.

Detailed operational matters will be regulated through revisions to individual laws under the jurisdiction of relevant ministries, such as the ‘Eco-Friendly Industry Act,’ the ‘Electronic Products, etc. Resource Recycling Act,’ and the ‘Automobile Management Act,’ and through joint public notices.

The 'Battery Life Cycle History Management System' is a system that manages and shares life cycle history information from battery manufacturing to electric vehicle operation and scrapping, and recycling of used batteries with the private sector, and plays a key role in battery resource circulation.

The system is expected to contribute to policy-making for battery supply chain management, transaction activation, and safety management, as well as providing transparent transaction information.

The government plans to proceed smoothly with system registration information, decision on sharing scope, and establishment of individual systems, with the goal of opening an integrated portal where battery life cycle history information can be applied for and shared within 27 years.

The 'Recycled Raw Material Certification System' is a system that verifies how much of the valuable metals such as lithium, nickel, and cobalt extracted from used batteries were used in the manufacture of new batteries, in order to proactively respond to global trade regulations such as the European Union's (EU) obligation to use recycled raw materials for batteries ('31~).

The Ministry of Environment plans to introduce a ‘Korean-style Recycled Raw Material Certification System’ that certifies valuable metals produced by recycling batteries as recycled raw materials (production certification), and the Ministry of Trade, Industry and Energy verifies the use ratio of recycled raw materials in new batteries (use certification) to ease the certification burden that may arise on our export companies in the future.

In addition, 'Evaluation of performance before removing the electric vehicle battery (hereinafter &l)By introducing the 'performance evaluation', the grade of the used battery is classified without removing the battery installed in the electric vehicle when its use is finished.

This will help ensure that used batteries that can be remanufactured or reused can be utilized as industrially as possible.

The Ministry of Land, Infrastructure and Transport plans to establish specific classification criteria based on the results of research and development for the distribution of performance evaluation technology and equipment.

Meanwhile, in order to alleviate consumer anxiety caused by recent fires, a distribution system will be established to support safety, fairness, and transparency in the used battery industry.

We plan to legislate a safety management system, including introducing safety inspections and post-inspections before distribution of used batteries, and to establish detailed transportation and storage standards that can ensure safety during the transaction and distribution of used batteries.

In addition, while the principle is to operate free private transactions, a 'fair trade guideline' will be established to prevent unfair practices, and a business registration system will be introduced to secure the expertise and responsibility of related businesses.